Standard Variable Mortgage Warning
Consumers are being warned about being pushed into financial difficulty by banks and building societies offering standard variable rate mortgages.
Consumer group Which has accused bank and building societies of putting the squeeze on families because interest rates could go up.
Peter Vicary Smith, Which? CEO said, “Millions of people are on variable rate mortgage deals and for many a rate hike could mean they’re facing real financial difficulties.
Debt Support Trust is a registered debt advice charity (SC041902) providing debt advice on a range of debt solutions including;