{"id":5503,"date":"2022-08-11T14:02:56","date_gmt":"2022-08-11T14:02:56","guid":{"rendered":"https:\/\/www.credit-score.com\/blog\/?p=5503"},"modified":"2022-08-22T10:28:37","modified_gmt":"2022-08-22T10:28:37","slug":"the-time-bomb-of-mortgage-payments","status":"publish","type":"post","link":"https:\/\/www.check.co.uk\/blog\/mortgages\/the-time-bomb-of-mortgage-payments\/","title":{"rendered":"The Time bomb of Mortgage Payments"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_79_2 counter-flat ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">What&#039;s Included?<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.check.co.uk\/blog\/mortgages\/the-time-bomb-of-mortgage-payments\/#Introduction\" >Introduction<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.check.co.uk\/blog\/mortgages\/the-time-bomb-of-mortgage-payments\/#The_ticking_of_the_time_bomb_surrounding_mortgage_payments\" >The ticking of the time bomb surrounding mortgage payments<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.check.co.uk\/blog\/mortgages\/the-time-bomb-of-mortgage-payments\/#What_are_the_new_rates_of_mortgage_payments\" >What are the new rates of mortgage payments?<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.check.co.uk\/blog\/mortgages\/the-time-bomb-of-mortgage-payments\/#The_summer_of_discontent\" >The summer of discontent<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.check.co.uk\/blog\/mortgages\/the-time-bomb-of-mortgage-payments\/#Credit-Score_offers_two_fabulous_solutions\" >Credit-Score offers two fabulous solutions.<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Introduction\"><\/span>Introduction<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>We recently saw the Bank of England raise interest rates by 0.5%. This is the biggest rise in interest rates since 1997, a quarter of a century! This means that people will have to pay more on their mortgage payments. However, some experts predict that interest rates could raise to 4% by the end of the year. Which means that millions of homeowners are facing a problem in regard to their fixed rate loans ending. In this article we explore what the issues are and what those in the government and Bank of England plan to do.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"The_ticking_of_the_time_bomb_surrounding_mortgage_payments\"><\/span>The ticking of the time bomb surrounding mortgage payments<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>As we have seen in the news the UK economy is in a poor state. Inflation is expected to reach 13% and we are expected to enter a year long recession. This will be the longest recession since 2008 and the worst since the mid 1990s. People are going to feel the effects of this recession and one of the ways some will feel it worse is in their mortgage payments.<\/p>\n<p>Those who have gotten a fixed rate deal on their mortgages will be protected from this rise. However, this will only be till the end of their term and 1.8 million fixed rate mortgages are set to end next year. This means that people are going to be met with higher mortgage payments. Given that prices and energy bills are also going up adding on eye watering mortgage payments will mean a lot of people will struggle.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_are_the_new_rates_of_mortgage_payments\"><\/span>What are the new rates of mortgage payments?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In this scenario we will look at someone with an average borrowing rate of \u00a3150,000. With a two-year fixed rate set at 3.46% this means they will have to pay an extra \u00a31952 per annum. This results in an extra \u00a3162 per month. The main question people are asking is how are people meant to pay this?<\/p>\n<h2><span class=\"ez-toc-section\" id=\"The_summer_of_discontent\"><\/span>The summer of discontent<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>We wrote an article on the threat of a summer of discontent which you can <a href=\"https:\/\/www.check.co.uk\/blog\/the-brink-of-a-summer-of-discontent-and-the-cost-of-living-crisis\/\">read here<\/a>. What we discussed in there was the threat of mass strikes and people unable to pay bills. Since then, we have recently seen that the energy price cap could be raised to \u00a34000. This has created mass discontent among people across the country. With winter only a few months away more energy is going to be used up and inflation will still rise. This alongside people unable to make their mortgage payments it doesn\u2019t leave people with much hope.<\/p>\n<p>All this anger will create a massive problem for the next government. The Liberal Democrat leader <a href=\"https:\/\/en.wikipedia.org\/wiki\/Ed_Davey\">Ed Davey<\/a> has demanded a recall of Parliament. Former Prime Minister <a href=\"https:\/\/en.wikipedia.org\/wiki\/Gordon_Brown\">Gordon Brown<\/a> has called for an emergency budget to be made as soon as possible. Yet Boris has stood firm and not intervened as is tradition for a Caretaker Prime Minister. The Winner of the Conservative Party leadership is announced in early September meaning we still have to wait a month before we see real action. Because of this it is difficult to know who will be the person in charge of the treasury. Whilst there are plenty of rumours of who will be Chancellor, they are just rumours.<\/p>\n<p>Among some of this discontent there is also a small trend on social media that is gaining traction. This trend is basically saying can\u2019t pay, won\u2019t pay. It is in response to the high bills and people will refuse to pay them as they deem them unaffordable. Whilst it is gaining attention it is hard to say what the repercussions and fallout will be. For now it looks like we will just have to wait and see.<\/p>\n<h3 style=\"font-weight: 400;\"><span class=\"ez-toc-section\" id=\"Credit-Score_offers_two_fabulous_solutions\"><\/span>Credit-Score offers two fabulous solutions.<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"font-weight: 400;\">If you\u2019re preparing to take a mortgage, never apply until you\u2019ve tried our unique and\u00a0<a href=\"https:\/\/home.credit-score.com\/\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/home.credit-score.com\/&amp;source=gmail&amp;ust=1661250281502000&amp;usg=AOvVaw3DLzdwOokWdYYiAWepaOZb\">FREE Credit-Score Home app.<\/a>\u00a0Our smart technology will tell you what you need to fix so you avoid rejection. The app predicts when you will be able to buy, for how much and tracks your month-by-month progress to mortgage success. We\u2019ve even added your own mortgage broker, so you get the best deals available.<\/p>\n<p style=\"font-weight: 400;\">More focused on your credit rating? Well, get started for free with\u00a0<a href=\"https:\/\/www.check.co.uk\/register\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.check.co.uk\/register&amp;source=gmail&amp;ust=1661250281502000&amp;usg=AOvVaw1y4bwW3ZreyR4AVsqelp8F\">Credit-Score\u2019s 24- Factor Credit Check<\/a>\u00a0to truly help you improve your creditworthiness and how lenders view you. (Remember: lenders don\u2019t use your credit score! We\u2019ll show you what lenders look for and how to get your credit report in the best shape possible).<\/p>\n","protected":false},"excerpt":{"rendered":"The Bank of England recently raised interest rates to the highest levels in 25 years. With this we are seeing the issue of how will people afford their mortgage payments? In this article we take a look at what these issues are and what people can expect.\n","protected":false},"author":20,"featured_media":5523,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[288,474,517,270,285,1],"tags":[417,845,778,779,780,783,795,444,443,326,381,210,495,523],"class_list":{"0":"post-5503","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bills","8":"category-homes","9":"category-latest","10":"category-mortgages","11":"category-personal-finance","12":"category-uncategorized","13":"tag-bills","14":"tag-cost-of-living","15":"tag-economic-depression","16":"tag-economic-hardships","17":"tag-economy","18":"tag-energy-bills","19":"tag-inflation","20":"tag-interest","21":"tag-interest-rates","22":"tag-money","23":"tag-money-stress","24":"tag-mor","25":"tag-mortgage-rates","26":"tag-mortgages"},"acf":[],"featured_image_src":"https:\/\/www.check.co.uk\/blog\/wp-content\/uploads\/2022\/08\/kevin-ku-aiyBwbrWWlo-unsplash-1.jpg","author_info":{"display_name":"Oliver Rose","author_link":"https:\/\/www.check.co.uk\/blog\/author\/oliver-roseaffalo-co-uk\/"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Time bomb of Mortgage Payments | Check.co.uk - See the problems your credit score hides<\/title>\n<meta name=\"description\" content=\"With interest rates continuing to rise mortgage payments are looking more and more struggling. We look at why and what can be done.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.check.co.uk\/blog\/mortgages\/the-time-bomb-of-mortgage-payments\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Time bomb of Mortgage Payments | Check.co.uk - See the problems your credit score hides\" \/>\n<meta property=\"og:description\" content=\"With interest rates continuing to rise mortgage payments are looking more and more struggling. We look at why and what can be done.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.check.co.uk\/blog\/mortgages\/the-time-bomb-of-mortgage-payments\/\" \/>\n<meta property=\"og:site_name\" content=\"Check.co.uk - See the problems your credit score hides\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/creditscore.co.uk\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-11T14:02:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-08-22T10:28:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.check.co.uk\/blog\/wp-content\/uploads\/2022\/08\/kevin-ku-aiyBwbrWWlo-unsplash-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1442\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Oliver Rose\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Oliver Rose\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.check.co.uk\/blog\/mortgages\/the-time-bomb-of-mortgage-payments\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.check.co.uk\/blog\/mortgages\/the-time-bomb-of-mortgage-payments\/\"},\"author\":{\"name\":\"Oliver Rose\",\"@id\":\"https:\/\/www.check.co.uk\/blog\/#\/schema\/person\/b30e2ea18e1932f797c314c7bd684df9\"},\"headline\":\"The Time bomb of Mortgage Payments\",\"datePublished\":\"2022-08-11T14:02:56+00:00\",\"dateModified\":\"2022-08-22T10:28:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.check.co.uk\/blog\/mortgages\/the-time-bomb-of-mortgage-payments\/\"},\"wordCount\":746,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.check.co.uk\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.check.co.uk\/blog\/mortgages\/the-time-bomb-of-mortgage-payments\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.check.co.uk\/blog\/wp-content\/uploads\/2022\/08\/kevin-ku-aiyBwbrWWlo-unsplash-1.jpg\",\"keywords\":[\"bills\",\"cost of living\",\"economic depression\",\"economic hardships\",\"economy\",\"energy bills\",\"inflation\",\"interest\",\"interest rates\",\"money\",\"money stress\",\"Mortgage\",\"mortgage rates\",\"mortgages\"],\"articleSection\":[\"Bills\",\"Homes\",\"Latest\",\"Mortgages\",\"Personal Finance\",\"Uncategorized\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.check.co.uk\/blog\/mortgages\/the-time-bomb-of-mortgage-payments\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.check.co.uk\/blog\/mortgages\/the-time-bomb-of-mortgage-payments\/\",\"url\":\"https:\/\/www.check.co.uk\/blog\/mortgages\/the-time-bomb-of-mortgage-payments\/\",\"name\":\"The Time bomb of Mortgage Payments | Check.co.uk - See the problems your credit score hides\",\"isPartOf\":{\"@id\":\"https:\/\/www.check.co.uk\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.check.co.uk\/blog\/mortgages\/the-time-bomb-of-mortgage-payments\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.check.co.uk\/blog\/mortgages\/the-time-bomb-of-mortgage-payments\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.check.co.uk\/blog\/wp-content\/uploads\/2022\/08\/kevin-ku-aiyBwbrWWlo-unsplash-1.jpg\",\"datePublished\":\"2022-08-11T14:02:56+00:00\",\"dateModified\":\"2022-08-22T10:28:37+00:00\",\"description\":\"With interest rates continuing to rise mortgage payments are looking more and more struggling. We look at why and what can be done.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.check.co.uk\/blog\/mortgages\/the-time-bomb-of-mortgage-payments\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.check.co.uk\/blog\/mortgages\/the-time-bomb-of-mortgage-payments\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/www.check.co.uk\/blog\/mortgages\/the-time-bomb-of-mortgage-payments\/#primaryimage\",\"url\":\"https:\/\/www.check.co.uk\/blog\/wp-content\/uploads\/2022\/08\/kevin-ku-aiyBwbrWWlo-unsplash-1.jpg\",\"contentUrl\":\"https:\/\/www.check.co.uk\/blog\/wp-content\/uploads\/2022\/08\/kevin-ku-aiyBwbrWWlo-unsplash-1.jpg\",\"width\":1920,\"height\":1442},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.check.co.uk\/blog\/mortgages\/the-time-bomb-of-mortgage-payments\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.check.co.uk\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Mortgages\",\"item\":\"https:\/\/www.check.co.uk\/blog\/category\/mortgages\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"The Time bomb of Mortgage Payments\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.check.co.uk\/blog\/#website\",\"url\":\"https:\/\/www.check.co.uk\/blog\/\",\"name\":\"Check.co.uk - See the problems your credit score hides\",\"description\":\"See the problems your credit score hides\",\"publisher\":{\"@id\":\"https:\/\/www.check.co.uk\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.check.co.uk\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.check.co.uk\/blog\/#organization\",\"name\":\"Credit-score\",\"url\":\"https:\/\/www.check.co.uk\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/www.check.co.uk\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.check.co.uk\/blog\/wp-content\/uploads\/2025\/06\/logo-check-black.png\",\"contentUrl\":\"https:\/\/www.check.co.uk\/blog\/wp-content\/uploads\/2025\/06\/logo-check-black.png\",\"width\":705,\"height\":279,\"caption\":\"Credit-score\"},\"image\":{\"@id\":\"https:\/\/www.check.co.uk\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/creditscore.co.uk\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.check.co.uk\/blog\/#\/schema\/person\/b30e2ea18e1932f797c314c7bd684df9\",\"name\":\"Oliver Rose\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/www.check.co.uk\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f12906b6d1c7033f2ee81f80e11809e3ca3a4bf5e147b7bd504f89f3e628b904?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/f12906b6d1c7033f2ee81f80e11809e3ca3a4bf5e147b7bd504f89f3e628b904?s=96&d=mm&r=g\",\"caption\":\"Oliver Rose\"},\"url\":\"https:\/\/www.check.co.uk\/blog\/author\/oliver-roseaffalo-co-uk\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"The Time bomb of Mortgage Payments | Check.co.uk - See the problems your credit score hides","description":"With interest rates continuing to rise mortgage payments are looking more and more struggling. We look at why and what can be done.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.check.co.uk\/blog\/mortgages\/the-time-bomb-of-mortgage-payments\/","og_locale":"en_GB","og_type":"article","og_title":"The Time bomb of Mortgage Payments | Check.co.uk - See the problems your credit score hides","og_description":"With interest rates continuing to rise mortgage payments are looking more and more struggling. We look at why and what can be done.","og_url":"https:\/\/www.check.co.uk\/blog\/mortgages\/the-time-bomb-of-mortgage-payments\/","og_site_name":"Check.co.uk - See the problems your credit score hides","article_publisher":"https:\/\/www.facebook.com\/creditscore.co.uk","article_published_time":"2022-08-11T14:02:56+00:00","article_modified_time":"2022-08-22T10:28:37+00:00","og_image":[{"width":1920,"height":1442,"url":"https:\/\/www.check.co.uk\/blog\/wp-content\/uploads\/2022\/08\/kevin-ku-aiyBwbrWWlo-unsplash-1.jpg","type":"image\/jpeg"}],"author":"Oliver Rose","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Oliver Rose","Estimated reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.check.co.uk\/blog\/mortgages\/the-time-bomb-of-mortgage-payments\/#article","isPartOf":{"@id":"https:\/\/www.check.co.uk\/blog\/mortgages\/the-time-bomb-of-mortgage-payments\/"},"author":{"name":"Oliver Rose","@id":"https:\/\/www.check.co.uk\/blog\/#\/schema\/person\/b30e2ea18e1932f797c314c7bd684df9"},"headline":"The Time bomb of Mortgage Payments","datePublished":"2022-08-11T14:02:56+00:00","dateModified":"2022-08-22T10:28:37+00:00","mainEntityOfPage":{"@id":"https:\/\/www.check.co.uk\/blog\/mortgages\/the-time-bomb-of-mortgage-payments\/"},"wordCount":746,"commentCount":0,"publisher":{"@id":"https:\/\/www.check.co.uk\/blog\/#organization"},"image":{"@id":"https:\/\/www.check.co.uk\/blog\/mortgages\/the-time-bomb-of-mortgage-payments\/#primaryimage"},"thumbnailUrl":"https:\/\/www.check.co.uk\/blog\/wp-content\/uploads\/2022\/08\/kevin-ku-aiyBwbrWWlo-unsplash-1.jpg","keywords":["bills","cost of living","economic depression","economic hardships","economy","energy bills","inflation","interest","interest rates","money","money stress","Mortgage","mortgage rates","mortgages"],"articleSection":["Bills","Homes","Latest","Mortgages","Personal Finance","Uncategorized"],"inLanguage":"en-GB","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.check.co.uk\/blog\/mortgages\/the-time-bomb-of-mortgage-payments\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.check.co.uk\/blog\/mortgages\/the-time-bomb-of-mortgage-payments\/","url":"https:\/\/www.check.co.uk\/blog\/mortgages\/the-time-bomb-of-mortgage-payments\/","name":"The Time bomb of Mortgage Payments | Check.co.uk - See the problems your credit score hides","isPartOf":{"@id":"https:\/\/www.check.co.uk\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.check.co.uk\/blog\/mortgages\/the-time-bomb-of-mortgage-payments\/#primaryimage"},"image":{"@id":"https:\/\/www.check.co.uk\/blog\/mortgages\/the-time-bomb-of-mortgage-payments\/#primaryimage"},"thumbnailUrl":"https:\/\/www.check.co.uk\/blog\/wp-content\/uploads\/2022\/08\/kevin-ku-aiyBwbrWWlo-unsplash-1.jpg","datePublished":"2022-08-11T14:02:56+00:00","dateModified":"2022-08-22T10:28:37+00:00","description":"With interest rates continuing to rise mortgage payments are looking more and more struggling. We look at why and what can be done.","breadcrumb":{"@id":"https:\/\/www.check.co.uk\/blog\/mortgages\/the-time-bomb-of-mortgage-payments\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.check.co.uk\/blog\/mortgages\/the-time-bomb-of-mortgage-payments\/"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.check.co.uk\/blog\/mortgages\/the-time-bomb-of-mortgage-payments\/#primaryimage","url":"https:\/\/www.check.co.uk\/blog\/wp-content\/uploads\/2022\/08\/kevin-ku-aiyBwbrWWlo-unsplash-1.jpg","contentUrl":"https:\/\/www.check.co.uk\/blog\/wp-content\/uploads\/2022\/08\/kevin-ku-aiyBwbrWWlo-unsplash-1.jpg","width":1920,"height":1442},{"@type":"BreadcrumbList","@id":"https:\/\/www.check.co.uk\/blog\/mortgages\/the-time-bomb-of-mortgage-payments\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.check.co.uk\/blog\/"},{"@type":"ListItem","position":2,"name":"Mortgages","item":"https:\/\/www.check.co.uk\/blog\/category\/mortgages\/"},{"@type":"ListItem","position":3,"name":"The Time bomb of Mortgage Payments"}]},{"@type":"WebSite","@id":"https:\/\/www.check.co.uk\/blog\/#website","url":"https:\/\/www.check.co.uk\/blog\/","name":"Check.co.uk - See the problems your credit score hides","description":"See the problems your credit score hides","publisher":{"@id":"https:\/\/www.check.co.uk\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.check.co.uk\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/www.check.co.uk\/blog\/#organization","name":"Credit-score","url":"https:\/\/www.check.co.uk\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.check.co.uk\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.check.co.uk\/blog\/wp-content\/uploads\/2025\/06\/logo-check-black.png","contentUrl":"https:\/\/www.check.co.uk\/blog\/wp-content\/uploads\/2025\/06\/logo-check-black.png","width":705,"height":279,"caption":"Credit-score"},"image":{"@id":"https:\/\/www.check.co.uk\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/creditscore.co.uk"]},{"@type":"Person","@id":"https:\/\/www.check.co.uk\/blog\/#\/schema\/person\/b30e2ea18e1932f797c314c7bd684df9","name":"Oliver Rose","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.check.co.uk\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/f12906b6d1c7033f2ee81f80e11809e3ca3a4bf5e147b7bd504f89f3e628b904?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f12906b6d1c7033f2ee81f80e11809e3ca3a4bf5e147b7bd504f89f3e628b904?s=96&d=mm&r=g","caption":"Oliver Rose"},"url":"https:\/\/www.check.co.uk\/blog\/author\/oliver-roseaffalo-co-uk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.check.co.uk\/blog\/wp-json\/wp\/v2\/posts\/5503","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.check.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.check.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.check.co.uk\/blog\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"https:\/\/www.check.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=5503"}],"version-history":[{"count":3,"href":"https:\/\/www.check.co.uk\/blog\/wp-json\/wp\/v2\/posts\/5503\/revisions"}],"predecessor-version":[{"id":5529,"href":"https:\/\/www.check.co.uk\/blog\/wp-json\/wp\/v2\/posts\/5503\/revisions\/5529"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.check.co.uk\/blog\/wp-json\/wp\/v2\/media\/5523"}],"wp:attachment":[{"href":"https:\/\/www.check.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=5503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.check.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=5503"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.check.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=5503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}