‘The mortgage on our buy-to-let property jumped from £200 to £1,200 a month and we can’t sell it’

A couple who invested in property to fund their retirement have seen their monthly mortgage payments rise by £1,000 in a year as a result of consecutive interest rate rises. IT worker John Palmiero, from Buckinghamshire, and his wife have an interest-only tracker mortgage on their north London flat. […]

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