Cost of living crisis - how are you all doing?

Mortgage goes up £160 a month from the 1st December. Nice of Santander to email me this last week “Great news, your new mortgage deal has started”

Yeah great news, thanks so much
 
Mortgage goes up £160 a month from the 1st December. Nice of Santander to email me this last week “Great news, your new mortgage deal has started”

Yeah great news, thanks so much
party-sad.gif
 
Mortgage goes up £160 a month from the 1st December. Nice of Santander to email me this last week “Great news, your new mortgage deal has started”

Yeah great news, thanks so much

Mines gone up £350

if i had taken 2 or 5 years would of been nearly £600
 
Mines gone up £350

if i had taken 2 or 5 years would of been nearly £600
Its sickening

We ported ours 3 years ago when we moved but couldn’t quite get both to match up. So only one part increased this time, and we have the other part due in 2 years. Dreading What it will be like in 2 years when that goes up
 
Its sickening

We ported ours 3 years ago when we moved but couldn’t quite get both to match up. So only one part increased this time, and we have the other part due in 2 years. Dreading What it will be like in 2 years when that goes up
I think rates will be lower by then. Not as low as they were but a fair bit lower than they are now.
 
My sister told me that her new mortgage payment will be £2,700 pm from March. Made my eyes water!!!

She bought the house for about £430k during early COVID (to be fair it's worth about £75k more now) which seemed a good deal at the time...

I think they can manage but it seems a lot and so many people must be in the same boat where it becomes unsustainable for them.
 

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