Since 2020 the price of mortgages has skyrocketed, which has upset a lot of investors and left 1000s of homeowners in a sticky situation.
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And it’s not just the interest rate – the fees on new mortgages have gone absolutely through the roof.
Why? Well we have summarised everything that has happened over the past few years, so in this video I will explain what has happened, why mortgages are so expensive and why those muchhated fees might not actually be so bad…
However, in order to understand all this, let me first explain exactly how mortgages work and what impacts their price.
So by the end of the video you are going to have a great understanding of UK mortgages in 2024 and exactly why the mortgage fees and therefore the mortgage prices are so high.