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Little slack in family finances for mortgage rate rises

by Gill Montia.

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Many UK families are under extreme financial pressure with 39% saying they are too stretched to take on any additional financial obligations, according the Aviva Family Finances Report.
With almost two-thirds of families owning their own home (average value £207,548) and with housing the largest single expenditure for UK families, Aviva suggest that any sudden changes [...]

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