Bank of England Warns of Steep Mortgage Hikes

One million households in the UK could see their mortgage repayments rise by 500 pounds per month within the next three years. The Bank of England, which raised interest rates to 5 percent last month, said higher rates will gradually filter down to homeowners.


ntd newsletter icon
Sign up for NTD Daily
What you need to know, summarized in one email.
Stay informed with accurate news you can trust.
By registering for the newsletter, you agree to the Privacy Policy.