Research by Citizens Advice* shows that:
- One in four mortgage holders couldn’t afford to see mortgage payments rise by £100 a month
- Almost half (45%) would be unable to afford an increase of £250 a month.
*Ref: Morgan Wild, Head of Policy at Citizens Advice
Citizens Advice says banks must show understanding, as interest rates increase.
Visit our national website to find out how to deal with mortgage arrears including advice covering:
- Work out what you can afford
- Ways to pay your arrears
- If you can’t agree a way of paying your arrears
Contact Citizens Advice Waverley for free advice if you need help with a range of everyday issues such as housing, benefits, employment, family, debts, etc.