Who's to blame for this mortgage pain?
The News Agents
00:00
The Government's Strategy for Re-Mortgaging
I'm due to re-mortgage in December which is a scary prospect as it's set to double. As a sector we have seen no pay rise since the cost of living crisis and when it does happen we'll be at the mercy of the government. The use of interest rates for try and control inflation is an outdated and blunt tool that disproportionately hits homeowners hardest. This government needs to work with the Bank of England to be creative in solving this issue.
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Transcript
