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Daily Mirror
Daily Mirror
Business
Suruchi Sharma Diwan

Mortgage expert explains how to cut your bill - and if you should fix now

As the cost of living crisis continues to take hold of the country, the UK workers have suffered the biggest drop in their spending power in more than 20 years.

According to the Office for National Statistics, real wages, which reflect the power of employee pay after accounting for inflation, fell by an annual 3% in the last quarter, and the total pay in July including bonuses fell by 2.5%.

This could leave many Brits worried about their housing situation and possibly face being displaced due to falling wages.

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