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New figures have revealed that basic utility bills, mortgages, household insurances, etc. have increased by up to 18per cent.
David Cameron is set to launch a campaign to offer 100,000 first-time homebuyers a 20% discount.
The 72-year-old performer has a £700,000 interest-only mortgage on his £2.5 million house.
The chancellor has announced a stamp duty cut for house buyers following a historical overhaul of the 'damaging' tax.
All mortgages should have mortgage insurance coverage
Borrowers over 40 are being forced to take out shorter loans that translate to steeper monthly repayments.
Choose remortgaging to bring down the amount of monthly repayments on your mortgage
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