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Mortgage rate hikes cost London homebuyers £35,000
2 outlets - including Ft and Cityam - are covering this story. Higher rates have hit buying power but housing site Zoopla has nonetheless detected early signs of an ‘autumn bounce’
Covered by 2 outlets
All coverage · 2 articles
Financial Times - Companies
·3h ago
London homebuyers need an extra £35,500 in deposit to make up for mortgage rate rises
Higher rates have hit buying power but housing site Zoopla has nonetheless detected early signs of an ‘autumn bounce’
City A.M.
·3h ago
Mortgage rate hikes cost London homebuyers £35,000
The surging mortgage rates caused by the Iran war have forced the average London homebuyer to fork out an extra £35,500 for their deposit. The rising cost of borrowing caused by the Middle East conflict has meant that the average deposit in…