mortgage

He once jokingly pointed out that he was far more concerned with making sure his mortgage payments were made than he was with establishing himself as a leader.

Will UK interest rate cut make my mortgage cheaper?

For example, homeowners face higher mortgage repayments, which can outweigh better savings deals.

The UK's largest mortgage lender said the average price hit £293,999 in October, surpassing a peak of £293,507 that was reached in June 2022.

However, it warned that mortgage costs could remain "higher for longer" following last week's Budget.