I was happy with Future mortgages and I had no problem with them but for last 4-5 months my mortgage payments have hit the roof: e.g. from £850 to £1109 per month. Why is this happening to me? I just checked on a mortgage calculator and it should be much lower than what I am paying to them.  

Published on 11.03.2008

Many people have experienced the same as you. This most likely reason is that your fixed rate deal has come to an end and the fallout from the US consumer credit crisis has caused your bank to increase their rates.

Have you thought about contacting a mortgage broker to see if they can find you a more competitive remortgage deal?

Simply fill in the form below and wait for the answer to be posted on this site.

Please remember: Gavin Brazg is not a Mortage Advisor and as such cannot answer your mortgage based questions. Instead please speak with an  unbiased mortgage advisor.