New research has highlighted that additional costs including home insurance, home improvements, and unexpected repairs quickly add up alongside mortgage payments.
New research has revealed that almost two-fifths of private tenants are paying an average of £1,200 a year above the advertised rate for their property.
More homeowners are finding themselves in mortgage arrears, with the number hitting its highest since the start of 2019 and a surge of 18.2% in the last year alone.
Online research into mortgage repossessions is on the rise signalling that growing numbers of homeowners are worried about falling behind on their payments.