Whittaker, Matthew (2014) We need to solve the mortgage problem before interest rates rise. British Politics and Policy at LSE (23 May 2014). Website.
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Abstract
With a Bank of England rate rise expected next year, many UK households with mortgages may face unaffordable repayment schedules. In a new report, Matthew Whittaker estimates that around 2.3 million households will be spending more than a third of their disposable income on mortgage repayments if interest rates move as expected. Of these, around 770,000 may be unable to cope, becoming ‘mortgage prisoners’.
| Item Type: | Online resource (Website) |
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| Official URL: | http://blogs.lse.ac.uk/politicsandpolicy |
| Additional Information: | © 2014 The Author(s) CC BY-NC-ND 3.0 |
| Divisions: | LSE |
| Subjects: | H Social Sciences > HC Economic History and Conditions H Social Sciences > HV Social pathology. Social and public welfare. Criminology J Political Science > JF Political institutions (General) J Political Science > JN Political institutions (Europe) > JN101 Great Britain |
| Date Deposited: | 24 Apr 2017 14:12 |
| Last Modified: | 15 Sep 2023 19:33 |
| URI: | http://eprints.lse.ac.uk/id/eprint/74280 |
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