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Mortgage affordability issues

1 reply

WitchyWay · 24/04/2024 17:29

Anyone having any issues with banks reducing affordability rates since the recent swap rates issue?

It's looking like we may have to take our house off the market, despite having a buyer in place and an offer accepted on the house of our dreams. I'm so sad, I get that we were pushing our affordability but we can easily afford the monthly payments and it really was our forever dream house ☹️

OP posts:
DrySherry · 24/04/2024 19:55

Quite a few will be having issues shortly. It's not a good time to try and push affordability. Sorry you have to back out of your dream house :(

inews.co.uk/inews-lifestyle/money/property-and-mortgages/halifax-among-major-banks-increasing-mortgage-rates-3022594?ico=related_article_inline

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