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20% worried about meeting mortgage repayments

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  • 20% worried about meeting mortgage repayments

    The Financial Services Authority (FSA) has announced one in five borrowers are worried about meeting their mortgage repayments in the next 12 months.Furthermore, a quarter of those do not have any plans for dealing with the issue, the FSA discovered. Chris Pond of the FSA said economic conditions are getting tougher, putting pressure on household [...]

    More: 20% worried about meeting mortgage repayments

  • #2
    But its amazing how many people are probably still on a lenders variable rate, rather than ensuring they get the best deal available, as they forget their biggest asset is also their biggest cost.
    Gift Wrapped Mortgages

    Independent Mortgage Broker


    • #3
      Heh, half the headache is trying to work out if the best deal is fixed or variable, though.