First-time buyers in the UK are paying 41% more in monthly mortgage repayments than a decade ago, despite property prices remaining broadly stable in real terms. The average mortgage rate has risen from 1.72% in 2016 to 5.13% currently, adding £353 to monthly payments.
First-time buyers in the UK are paying 41% more in monthly mortgage repayments than a decade ago, despite property prices remaining broadly stable in real terms. The average mortgage rate has risen from 1.72% in 2016 to 5.13% currently, adding £353 to monthly payments.
First-time buyers in the UK are paying 41% more in monthly mortgage repayments than a decade ago, despite property prices remaining broadly stable in real terms. The average mortgage rate has risen from 1.72% in 2016 to 5.13% currently, adding £353 to monthly payments.
