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Will rising mortgage rates seriously hurt UK homebuyers this year?

by sterlingSam497 votes

Mortgage rates have been bouncing around again, and first-time buyers are doing the spreadsheet dread every month before they even view a flat. Lenders and economists disagree on how painful the hit will feel through the rest of the year. Will rising rates seriously hurt UK homebuyers?

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6 comments

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  • T
    tinysun572h ago

    Manageable if wages rise and lenders stay flexible.

  • C
    copper_page6332h ago

    Not a big issue if you're already on a fixed deal for now.

    M
    mira-tea9192h ago

    Yes, serious hit. First-time buyers are cooked at these rates.

  • U
    urbanroom767Vote hidden+3502h ago

    Remortgage cliff is the quiet crisis.

    N
    noa_writer3132h ago

    Housing costs are the UK economy. Rates are everything.

  • M
    marker_fresh4592h ago

    Not sure — BoE path could soften the landing.