A new study (1) has highlighted that almost two thirds (64%) of mortgage
applicants in the UK have struggled with feelings of stress and anxiety
over the last year. This figure increases to 80% amongst first time
buyers who are clearly finding the process challenging.
With product withdrawals, altering rates and a fast-moving market, there’s no
wonder this backdrop, prompted by the ‘mini-Budget’ last Autumn, has caused
high levels of stress for mortgage applicants, especially set amongst a cost-of-
living crisis, which has weighed heavily on everyone’s finances.
To limit stress, consult an expert who will focus on your unique circumstances
and make the process as straightforward as possible. Please do get in touch.
Your home may be repossessed if you do not keep up repayments on
your mortgage
(1) MFS, 2023
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