What is the mortgage crunch?
We've all seen increases in bills and expenses due to the cost of living and mortgages are no exception. The increase in mortgage rates over the last year means that monthly mortgage payments will also increase. First time buyers and people remortgaging could be looking a significant increase in their monthly repayments. The strain this will put on people's affordability is what we're terming 'the mortgage crunch'.
We know this can be a worrying time and we're here to help you through it.
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