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
Next year, two million homeowners will be affected by a “remortgage rates shock”
New data shows that nearly two million homeowners will suffer a “remortgage rates shock” in the next year, as interest rate rises.
U.K. Homeowners Get £3 Trillion in Untaxed Property Gains
British homeowners have enjoyed an untaxed wealth of 3 trillion pounds ($4 trillion) from rising property values over 20 years.
UK: Mortgage rates will “double in a matter of months”
The best mortgage interest rates could increase by next year, as lenders pull the best deals from the market to counter inflationary fears.
UK: 100% mortgages that crashed the economy are BACK
Barclays and the Post Office are among big lenders offering the loan deals to attract first time buyers without a deposit