Payment shock in store for those on a fixed-rate mortgage (Daily Mail)

Story date: 2007-10-03 12:38:13
Added on: 2007-10-03 13:00:19

Thousands of home-buyers on fixed-rate mortgages face a crippling 'payment shock' as a result of the global credit crunch, it was claimed last night. Some could find their monthly repayments surge by up to 60 per cent, bringing the threat of debt and repossession


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