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Britain on track for a £26bn mortgage hike, think tank predicts

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21 Comments

21 Comments

  1. @aprilfox1057

    January 8, 2024 at 8:02 am

    House prices are over inflated because of the unrealistic low interest rates. There will be a huge correction in the housing market. It’s been a long time happening. Expect to pay 8-10% for your mortgage interest rate. The lenders have for too long lent money for a tiny return, they will want to make up for the lost years of low rates.

  2. @jeanphillippes2196

    January 8, 2024 at 8:02 am

    Who employs these bods to research this stuff, who pays them. and what happens to them if they are proved completely wrong? One remedy for them being vastly wrong would be to fill the think-tank with water, and put some fish in.

  3. @BulletProofBrain

    January 8, 2024 at 8:02 am

    The reason property prices have risen is because of the artificially suppressed interest rates by all western governments.
    Energy prices are high because of the starvation of capital into the energy sector which is needed to sustain new production.
    The lack of energy is now a permanent situation and will not end after the Ukraine war.
    It’s a big bowl of fucked caused by our political leadership and everyone will suffer because of their stupidity.

  4. @jackiesargent5271

    January 8, 2024 at 8:02 am

    The mortgage rate in 1970 was 8 and 3/8 ths variable. Recent borrowers have had it really good but consequences of that has been the astronomic rise of house prices added to by massive demand because of immigration.

  5. @chrishart8548

    January 8, 2024 at 8:02 am

    how will inflation drop back. if I'm right they are still printing more money.

  6. @jontheodore8450

    January 8, 2024 at 8:02 am

    No it's not down to the budget it's down to The Bank of England trying to get inflation down using interest rate raising, the inflation is due to printing of money during Lockdowns…

  7. @lizzydripping2862

    January 8, 2024 at 8:02 am

    Trans nan faky beard. Drag lady too. Clown show

  8. @J73377

    January 8, 2024 at 8:02 am

    We have to pay for the covid scam somehow guys.. cough up your pennys

  9. @neilcameron434

    January 8, 2024 at 8:02 am

    This guy is making out like inflation "falling back to 4%" is some great thing. 4% on top of the 10% we have already experienced is still way too high

  10. @notjustforhackers4252

    January 8, 2024 at 8:02 am

    Rightfully so. The cost of housing needs to be controlled…. more importantly who buys our housing stock needs to be controlled.

  11. @-TimmyTimmyTIMMY

    January 8, 2024 at 8:02 am

    6% on a £250k mortgage repayment, below the average house price, is £1600. That's the issue!!!

  12. @andsowot

    January 8, 2024 at 8:02 am

    "hikes in MORGAGE payments". who was on the keyboard there, the cleaner?

  13. @stewartmcintosh1073

    January 8, 2024 at 8:02 am

    Everyone has to understand the mortgage was kept down for 14 years it's a matter of time it's going to come up and it doesn't matter who's in power you cannot stop it interest rates of being kept down that long it's unbelievable and it's payback time

  14. @kamkam3614

    January 8, 2024 at 8:02 am

    We need kwazi back now this is racism

  15. @NeoFreshair

    January 8, 2024 at 8:02 am

    British deserve everything they get by supporting lockdowns, face masks/jab mandates, climate change scams, and now Ikraine conflict!
    Boris spent two years of lockdowns to get Carrie pregnant and have had two more children while partying and the rest of population following the rules! Then Boris thought of poking Russia to start a war so Boris can hide in Kyiv instead of visiting north of England and see how ordinary people live!!!
    Nahhh war is the solution and this led to higher energy prices, high inflation and high everything! No thanks to the majority of British people!

  16. @stephfoxwell4620

    January 8, 2024 at 8:02 am

    Across 8.8 million mortgages this averages £240 a month.

  17. @lockymonster

    January 8, 2024 at 8:02 am

    Once again hard working taxpayers punished while the government spends £5million of taxpayers money accommodating foreign criminals in luxury hotels.

  18. @UnacceptablePhil

    January 8, 2024 at 8:02 am

    Wake up people. The plan is to bleed you dry and bring you to your knees.

  19. @stephfoxwell4620

    January 8, 2024 at 8:02 am

    8.8 million mortgages averaging £156,000 is £1,400 billion of mortgages. An extra £26 billion a year increases payments by up. to 20%.
    Prices due to fall 12% in 18 months.

  20. @Jackie157_

    January 8, 2024 at 8:02 am

    The plan in action and we are watching

  21. @Jackie157_

    January 8, 2024 at 8:02 am

    Bullshit bank's taking your home's

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