2.2m homeowners set for 0.75% interest rate shock

21st September 2022 Consumer Lending | #mortgage rate rise

2.2 million homeowners are set for 0.75% interest rate shock with the Bank of England set to announce the rate increase this Thursday (23rd September). TotallyMoney and Moneycomms have calculated the potential impact of the MPC’s expected interest rate hike on homeowners without a fixed rate mortgage deal. The research has found that for the…

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