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It has been suggested by AWD Chase de Vere that some mortgage holders may experience financial difficulty next year, particularly those whose fixed-rate mortgages expire. Susan Hannums of AWD Chase de Vere said it could be a bit of a shock for some people. Ms Hannums added that increasing energy prices could also stretch household finances [...]
More: Borrowers may experience financial difficulty next year |
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Yeah, my heating costs now are pretty shocking, and that's more depressing that I want to admit. I don't know how I would cope if I was in the situation of suddenly facing a change in mortgage rate.
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