How will the EU vote impact on mortgages?

Interesting reading if not a little worrying.

The cost of an average mortgage in the UK could rise by nearly £1,000 a year if Britain leaves the European Union, PM David Cameron has warned.

Uncertainty caused by exiting the EU could tighten credit conditions and push up rates, Remain campaigners say Treasury analysis shows.

Leave campaigners called the claims “desperate”.

They also warned voters “cannot trust” the government that the UK will not be pushed into future eurozone bailouts.

Mr Cameron told the Mail on Sunday: “Nearly all experts agree there will be instant shocks to the economy if we leave the EU and there is clear and present danger of higher mortgage rates.”

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