The i – Mortgage rate shock as Truss cuts UK tax

Many people with mortgages are facing a "shock" of rising interest rates over the next four months, according to the i. The paper says the Bank of England are predicated to raise rates by two percentage points to 3.75%, which could cost an average of £200 a month more on tracker mortgages that are tied to the Bank's base interest rates.
The i - Mortgage rate shock as Truss cuts UK tax 

The i – Mortgage rate shock as Truss cuts UK tax 

Many people with mortgages are facing a “shock” of rising interest rates over the next four months, according to the i. The paper says the Bank of England are predicated to raise rates by two percentage points to 3.75%, which could cost an average of £200 a month more on tracker mortgages that are tied to the Bank’s base interest rates.

Today's Headlines - Summarised

Energy prices: One million households face £500 higher energy bills due to Tories axing green home rules

The i says More than a million households are set to pay up to £470 a year more in energy bills due to a 2015 Conservative decision to scrap green home rules, research suggests.

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The i – Mortgage rate shock as Truss cuts UK tax

Many people with mortgages are facing a “shock” of rising interest rates over the next four months, according to the i. The paper says the Bank of England are predicated to raise rates by two percentage points to 3.75%, which could cost an average of £200 a month more on tracker mortgages that are tied to the Bank’s base interest rates.

Tell me more »

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