Not so long ago, a mortgage was something you only discussed with your bank or your broker. But since October, when rates more than doubled, mortgages have become a hot topic among friends and family. Concerns over affordability and buying a home are naturally rife.
Ideal Home's Money Editor Sarah Handley says: 'With some mortgage rates now hitting 7%, it's no wonder people are incredibly worried about how they will keep up with their repayments, or in the case of first time buyers, whether they will actually make it on to the property ladder any time soon.'
