'It is very worrying': Northern Ireland homeowners face tough decisions as uncertainty over interest rates continues:
Uncertainty around the future of interest rates has forced many homeowners across Northern Ireland into making tough decisions.
The family's mortgage payment will go up by £200 a month under the new deal and they will have to pay an exit fee on their current mortgage."If we left it to later it could be a rate 4% higher than we're paying now," he said.Craig said the changes mean they will have to divert savings into household expenditure.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Boys' Brigade in NI decides to split from UK and Irish bodyBoys' Brigade in Northern Ireland (BBNI) decides to split from wider UK and Ireland body amid 'finance and cultural differences'
Read more »
Santander latest to withdraw mortgage lending for new customers after pound's slumpMeanwhile Nationwide has dramatically increased the interest rates charged across its whole range of mortgages
Read more »
Northern Ireland 'sitting on mortgage timebomb'Northern Ireland is sitting on a 'mortgage timebomb' according to a property expert and people on short-term, fixed-rate mortgages could soon see higher rates - are you one of them? Get in touch via our story here ✍️
Read more »
The 12 Deals of Christmas returns with timely savings for millions of shoppersThe promotion will run across Northern Ireland until December 18 sp SPARNI EUROSPAR_NI
Read more »
Co Antrim spot named NI Hotel of the Year at prestigious hospitality awardsIt was the only venue in Northern Ireland recognised at the awards
Read more »
UK house prices: Why hundreds of thousands of people risk losing their homes in 2023As a result of the pound crashing amid soaring interest rates, the mortgage market has been in chaos with rates expected to increase dramatically
Read more »