Mortgage-holders with variable rate loans could face financial difficulty as lenders effectively hike costs, according to new research from consumer group Which?
The Government's official inflation measure jumped to its highest level in two-and-a-half years last month, tightening the squeeze on household spending power and increasing the challenge for savers.
House asking prices have risen to their highest level for nearly three years, with some home owners demanding unrealistic amounts, according to a report released today.