First time mortgage payments up 61% since last election – Rightmove
First-time buyers have seen mortgage payments soar by nearly two thirds since the last general election, industry research showed on Monday. According to property portal Rightmove, the typical monthly payment for a first-time buyer is £1,075 per month, 61% more than 2019’s £667. The average five-year fixed 80% loan to value mortgage rate has also