To keep inflation under control, policymakers increased interest rates by 0.5% to 1.75% on Thursday. This was in an effort to maintain a lid on inflation which is expected to
To keep inflation under control, policymakers increased interest rates by 0.5% to 1.75% on Thursday. This was in an effort to maintain a lid on inflation which is expected to
New data shows that nearly two million homeowners will suffer a “remortgage rates shock” in the next year, as interest rate rises.
British homeowners have enjoyed an untaxed wealth of 3 trillion pounds ($4 trillion) from rising property values over 20 years.
The best mortgage interest rates could increase by next year, as lenders pull the best deals from the market to counter inflationary fears.
Barclays and the Post Office are among big lenders offering the loan deals to attract first time buyers without a deposit