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Mortgages: what's the best way to plan?

This Is Why

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Introduction

After years of low interest rates, a poorly received mini-budget means those looking for their first mortgage face bills that would make a banker blush. It's estimated that 1.9 million mortgages are up for renewal in the next 12 months. Most homeowners will soon experience hundreds of pounds of additional spending on top of all the usual monthly costs like gas, electricity and food. There will be defaults, there will be repossessions. They should have known.

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