cost of borrowing

Mortgage

Average mortgage cost forecast to fall in 2023

The latest research by specialist property lending experts, Octane Capital , has revealed that the average homebuyer can expect to pay £166 more per month as a result of the latest base rate increase by the Bank of England, although this monthly repayment is expected to fall by £188 come this time next year.

Octane Capital analysed the cost of homeownership based on a variable rate...