'My mortgage has doubled... the country's gone to pot': The Greater Manchester neighbourhood where people want change
manchestereveningnews.co.ukWhen Nic Gorton received the keys to her first home, it was a moment of pride. The single mum finally had her foot on the housing ladder and was optimistic about the future.
Two years on, her mortgage payments have more than doubled and she's struggling to make ends meet. "I thought being a homeowner should make you better off, but it's gone terribly," said Ms Gorton, a hairdresser. "Everything is more expensive, so even though I'm earning alright money, I'm no better off.
I shouldn't be struggling but I am." READ MORE: One was the 'poor relation', the other 'up and coming'... until now She's far from the only one.
Millions of homeowners saw their mortgage costs spiral as interest rates soared in the wake of Liz Truss's catastrophic mini-Budget in October 2022.
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