This is going to sting': What will mortgage chaos mean for homeowners and renters?
Briefly

There has been further gloom for homeowners this week as banks reacted to signs of stubborn inflation by pulling mortgage deals and raising rates, while polling suggested nearly half of borrowers fear they will struggle with their housing re-payments within 12 months.HSBC was expected to take the extraordinary step of raising its mortgage prices for the second time in a week, as speculation mounted over whether Rishi Sunak's government could be forced to intervene to help homeowners feeling the pain of rising rates.
Read at www.independent.co.uk
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