Published 3 years ago

Quarter of homeowners wasting £4k a year on default high mortgage rate

Summary by This Is Money

Research by online broker Habito found that 27% of people were on a standard variable rate - lenders' 'default' rate which buyers drop on to when the initial term of their mortgage deal ends.

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This Is Money

Quarter of homeowners wasting £4k a year on default high mortgage rate

Research by online broker Habito found that 27% of people were on a standard variable rate - lenders' 'default' rate which buyers drop on to when the initial term of their mortgage deal ends.

3 years ago·United Kingdom

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