Monthly mortgage repayments up 61% for an average semi-detached home

Ali Akber
Written byAli Akber
Published on2024-01-05
Monthly mortgage repayments up 61% for an average semi-detached home
Ali Akber
Written byAli Akber
Published on2024-01-05

Housing costs continue to surge across the UK, with monthly mortgage repayments for an average semi-detached home increasing by 61% over the past year.

This dramatic increase in housing costs puts additional pressure on household budgets, making it even more crucial for families to have adequate income protection in place. When combined with the rising cost of living, the financial impact of losing your income due to illness becomes even more severe.

Income protection insurance can help ensure that you can continue to meet your mortgage payments and maintain your family's financial stability during difficult times.