Mortgage Timebomb

Norfolk in mortage timebomb warning

ADAM AIKEN, PERSONAL FINANCE EDITORĀ  Eastern Daily Press 10/07/2010

Last updated: 10/07/2010 16:00:00

Tens of thousands of homeowners across the region are sitting on mortgage timebombs that are waiting to explode as soon as interest rates start to rise.

The alarm has been sounded following the release of figures that suggest a startling 80pc [...]