EXPLAINED: 10 | Vintage Vibes

Home repossessions skyrocket as cost of living crisis deepens

Repossessions increased compared with the previous quarter for both homeowner and buy-to-let mortgaged properties, figures show

The Independent UK · Nov 10, 2022

Home repossessions jump 15 per cent in third quarter of 2022

Repossessions increased compared with the previous quarter for both homeowner and buy-to-let mortgaged properties.

Evening Standard · Nov 10, 2022

Home repossessions skyrocket as cost of living crisis deepens, report reveals

Repossessions increased compared with the previous quarter for both homeowner and buy-to-let mortgaged properties

The Independent UK · Nov 10, 2022

£880 annual increase in tracker mortgage costs following latest base rate rise

Since December last year, the average monthly tracker mortgage payment has increased by around £3,410 per year, according to UK Finance figures.

The Independent UK · Nov 3, 2022

Stamp duty rebates ‘should be offered in return for home energy improvements’

Stamp duty should be used as a ‘fiscal lever’ to encourage energy efficiency measures, UK Finance suggested.

The Independent UK · Nov 1, 2022

Warning to people trying to earn extra money

Young people trying to earn extra cash are more at risk

Liverpool Echo · Oct 26, 2022

People looking to make extra cash as costs rise urged to ‘stay alert for fraud’

UK Finance said it was ‘important for everyone to be conscious of criminals taking advantage of people’s anxieties around finances’.

The Independent UK · Oct 25, 2022

Fraud ‘remains persistent threat to businesses, consumers and economic growth’

UK Finance said it is key that other sectors work with the industry to tackle the issue.

The Independent UK · Oct 13, 2022

Homeowners who lose job ‘may face initial lack of help with mortgage payments’

People may have already built up significant arrears before help starts and eventual payments may not cover their actual costs, Sir Steve Webb warned.

The Independent UK · Oct 3, 2022

Mortgage borrowers set to see bills climb higher amid concerns of emergency interest rate hike

A tracker mortgage is already about £210 per month more expensive on average than it was before base rate increases started last December.

Evening Standard · Sep 28, 2022