mortgage cost increase

Half a million homeowners face £510 mortgage rate increase

28th May 2025 Consumer Lending | #mortgage cost increase

New research by Compare the Market has shown that 469,192 homeowners who took out mortgages in 2020 are facing a substantial increase in monthly payments as they come off five-year fixed-rate deals that had an average interest rate of 2.11%. Any of these homeowners who move onto their current lender’s standard variable rate (SVR) could…

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mortgage cost increase

Half a million homeowners face £510 mortgage rate increase

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