Read the full article on ONS
This article was originally published by ONS. Lawes Financial provides editorial commentary; the full piece is hosted by the publisher.
Regional employment and pay trends help shape local affordability and lenders' views of borrowers' income stability, which can influence what buyers and existing mortgage holders may be able to borrow.
Your home may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it.
This article was originally published by ONS. Lawes Financial provides editorial commentary; the full piece is hosted by the publisher.
Wondering what this means for your own mortgage?