Wednesday 10 August 2011

Three-quarters of homebuyers fear interest rate hike that could 'push them over the edge' | Mail Online

Three-quarters of homebuyers fear interest rate hike that could 'push them over the edge' | Mail Online

Three quarters of home buyers are concerned about mortgage rates, fearing it would take only a small hike to send them over the edge, a new report shows.

The research by consumer watchdog Which? shows one in seven cash-strapped buyers are already struggling to make their repayments.
But despite their problems only a third of people affected are approaching their lenders for help.


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