000			01261cab a22002055a 4500
001			L138505
008			070614e20070612xxk f s 000 0 eng d
035			_a(Sirsi) u138505
041	0		_aeng
050	0	4	_a306.1094 $2 18
110	2		_aCouncil of Mortgage Lenders _95903
245	0	0	_aCML reports mortgage interest payments at 15 year high _h[electronic resource]
260			_c2007
520			_aReports that for first-time buyers, interest rates have now reached their highest in 15 years. They are now paying reached 18.7%, of their income on mortgage interest, up from 18.3% in March. Homeowners are paying 16.3% of their income. Both rates are the highest since 1992. Increasing numbers of first-time buyers are also having to pay stamp duty. 58% are now doing so, up from 51% 12 months previously. Home movers are joining first-time buyers in opting overwhelmingly for fixed-rate mortgages. Homeowners soon to leave fixed-rate periods need to plan ahead.
590			_aKA
651		4	_aUnited Kingdom _y
690			_aPROPERTY-RESIDENTIAL PROPERTY-RESIDENTIAL PROPERTY FINANCE AND INVESTMENT-MORTGAGING RESIDENTIAL PROPERTY
856	4	0	_uhttps://www.cml.org.uk/cml/media/press/1191 _zView the item free of charge at www.cml.org.uk...
942			_n0
999			_c107181 _d107181