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Six Percent: Britain's Mortgage Squeeze
Published 1 week, 4 days ago
Description
Mortgage rates above 6 percent are squeezing British homeowners, with Lloyds and Nationwide reporting flat house prices as a remortgage cliff approaches for many fixed-rate deals. This episode looks at how borrowers are coping and what the 'Your First Home' announcement expected at the October 28 Budget could mean for buyers and first-time owners.