The high level of unsecured debt is clearly linked to the rise in interest rates over the past some months. A record rise in house price, especially in London and south-east, has led to a growing discrepancy between mortgage payments and salaries.
The high level of unsecured debt is clearly linked to the rise in interest rates over the past some months. A record rise in house price, especially in London and south-east, has led to a growing discrepancy between mortgage payments and salaries.
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