Mortgage payments are set to rise by more than £200 in the run-up to the autumn election

Mortgage payments are set to rise by more than £200 in the run-up to the autumn election. Ongoing information focuses to an ascent in fixed contract rates, with the typical five-year fixed rate surpassing 5% interestingly since January and up from 4.56 percent a year prior. The typical home loan financing cost with a decent term of two years has ascended from 4.84 percent a year sooner to 5.41 percent.