Mortgage mayhem: London homeowners feel pain as repayments soar
Briefly

T he biggest mortgage crisis in more than 30 years will hit London hardest, bringing financial misery to thousands of homeowners in the capital, the Standard can reveal.The huge home loans taken out by buyers to get a toehold on the property market mean they now face crippling rises in their monthly bills as fixed-rate interest deals taken out when rates were at all-time lows expire and have to be replaced.
Read at www.standard.co.uk
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