The Big Mortgage Squeeze
The 麻豆社鈥檚 cost of living correspondent Colletta Smith meets the homeowners feeling the squeeze as they come off cheaper fixed-rate mortgages and adjust to much higher bills.
Millions of Britons are now facing hefty rises in their mortgage payments, on top of a cost of living crisis. The 麻豆社鈥檚 cost of living correspondent Colletta Smith meets the homeowners feeling the squeeze as they come off cheaper fixed-rate mortgages and adjust to much higher bills.
She also discovers that rate rises are helping to push up the cost of renting, as some landlords sell up and others pass on increased mortgage costs to their tenants. The Bank of England kept interest rates on hold in September, but the effects of 14 consecutive rate rises before that are just kicking in - and some of us are feeling the pain more than others.
Last on
More episodes
Broadcasts
Mon 9 Oct 2023 20:00麻豆社 One except Northern Ireland, Northern Ireland HD, Scotland, Scotland HD, Wales & 1 more- Mon 9 Oct 2023 20:30麻豆社 One Northern Ireland & Northern Ireland HD only
- Mon 9 Oct 2023 22:45麻豆社 One Wales & Wales HD only
- Mon 9 Oct 2023 23:45麻豆社 One Scotland & Scotland HD only
- Sat 14 Oct 2023 01:45
Explore the wider challenges that people with a learning disability face in society, and how this impacts on their health
Find out more with The Open University.