This is a kick in the groin for homeowners. It’s bad news for two reasons: firstly, a rise of half a percent in repayment rates equals a 12.5percent rate hike on a 4 percent mortgage. At a time of rising energy prices and food bills, this will hit people hard. Secondly, those borrowers who are already on the verge of falling behind couldbe tipped over the edge or boxed in from being able to remortgage onto a better deal if they’re already in negative equity.
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Duncan Jones tweeted: "1 month since dad died today. Made this card for him at Christmas. Due in June. Circle of life. Love you, granddad."
More than 10 days after his body was found, Richard Cole's family claim they are still in the dark over the circumstances of his death.