Sunday 20 May 2012

It¿s time to fix your mortgage as euro mayhem triggers jump in home loan costs | Mail Online

It¿s time to fix your mortgage as euro mayhem triggers jump in home loan costs | Mail Online

British homeowners face higher mortgage costs as eurozone turmoil feeds through to monthly interest bills.
Fears that some financial institutions will not be able to honour their debts mean that banks and building societies have to pay more to raise the money they in turn lend to homebuyers.
The Bank of England warned last week that further rises in mortgage rates were almost inevitable.

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