New mothers forced back to work early as mortgage rates soar
The IndependentGet the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Feride Seferaj has said the surge in mortgage bills has forced her to go back to work only eight weeks postpartum And she’s not alone. I have to be on top of it all.” Total annual mortgage repayments could rise by £15.8 billion by 2026, the Resolution Foundation said Ms Seferaj and her partner, a mould maker, were on a two-year fixed-rate deal at 3.09 per cent which has now risen to 5.52 per cent. She’s not even crawling yet so I’m going to miss that.” Despite going back to work early, the property conveyor has had to reduce her hours and wage by £300 to balance being a mum. “I haven’t got a clue how I’m going to cope.” Statutory maternity pay is £172.48 a week or 90 per cent of your weekly earnings, whichever is less, and can be claimed for up to 39 weeks.
History of this topic
Woman who returned to work weeks after giving birth due to low statutory maternity pay says she will always regret decision
The Independent
Government urged to double maternity pay to reach minimum wage as mothers choose between food and heat
The Independent
One in 10 mums returning to work within 4 months of birth due to financial woes
The IndependentDiscover Related
