Fixed-rate mortgages of up to 25 years could help homeowners struggling amid Britain’s borrowing crisis, Michael Gove has said. The Levelling Up Secretary has indicated that longer-term deals, similar to the type more commonly found across the pond, would help insulate homeowners
Soaring mortgage rates will hit households harder than they did in the 1980s, when many homeowners were plunged into negative equity, according to financial experts. Many of those with mortgages have already seen massive hikes in their repayments, while others are bracing
There are growing signs that the Bank of England will not lower or even peg interest rates before the end of the year — and are more likely to put them up further, according to the latest forecasts. Concerns that the Bank
The Bank of England will have to raise interest rates to at least six percent to tame inflation, according to several former rate-setters. In a bid to tackle rising prices the Bank has raised its base rate twelve times in a row,
A couple who bought an abandoned caravan park for £90k in a bid to live mortgage-free say they have no regrets – despite having had no water for two months. Jon and Emilie James, 33 and 34, moved into the three-acre site
Personal finance expert Dave Ramsey has shared his thoughts on whether homeowners should prioritise paying off their mortgage repayments. On his podcast, a clip which was spotlighted on his YouTube channel, Mr Ramsey took callers from Americans seeking help on what to
A mother and her three sons have been jailed for defrauding theirs and others in a multi-million pound investment scheme. Audrey Osbourne, 66, and sons Clayton Moore, 48, Ian Moore, 45, and Gary Moore, 44, persuaded people to put their savings into