Liz Truss warns of tough times ahead as energy bills soar, house market and mortgage deals stall - News Summed Up

Liz Truss warns of tough times ahead as energy bills soar, house market and mortgage deals stall


Have you been impacted by rising mortgage rates? Have you been impacted by rising mortgage rates? Writing in The Sun last night, Ms Truss told the UK: 'The government is on your side.' Although the slowdown to date has been 'modest', he warned that 'headwinds are growing stronger', with rising mortgage rates set to cool the market further. 'We're now seeing mortgage rates of 6 per cent, which is actually a relief, we thought it would be higher.


Source: The Times October 01, 2022 10:24 UTC



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