repaying a mortgage

Monthly mortgage payments set to increase by £1,300 per year by the end of 2022

The latest market analysis by Revolution Brokers has revealed that the average monthly cost of repaying a mortgage has climbed by 56% in the last decade, with a further 8% increase forecast by the end of the year.

Revolution Brokers looked at the average monthly cost of repaying a mortgage based on the average property value minus a 15% deposit and using the average standard variable...