Interest rates: How a rise affects you and your money
Posted on 22nd Jun 2023
The Bank of England has raised rates to 5% from 4.5% to control price rises.
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Finance
Posts with Tag: Mortgages
Mortgages: What happens if I am really struggling?
Posted on 22nd Jun 2023
Homeowners are worried about higher mortgage costs, but lenders must help those struggling.
What is the Bank of England and why does it change interest rates?
Posted on 22nd Jun 2023
The Bank of England has put up interest rates to 5% as it tries to control inflation.
Interest rates set to rise for 13th time in a row
Posted on 22nd Jun 2023
Interest rates are expected to go up to 4.75% from 4.5% as the Bank tries to slow soaring prices.
Warning homeowners face 20% drop in disposable income
Posted on 22nd Jun 2023
Some 1.4 million mortgage holders will see their disposable income fall by more than 20%, a think tank says.
Jeremy Hunt rules out government help on mortgages
Posted on 20th Jun 2023
Jeremy Hunt says help for mortgages would fuel further inflation but will meet lenders this week.
Mortgages: What happens if I am really struggling?
Posted on 22nd Jun 2023
Homeowners are worried about higher mortgage costs, but lenders must help those struggling.
Five tips for saving money on your mortgage
Posted on 22nd Jun 2023
With interest rates rapidly rising, what do experts say about coping with costs?
Interest rates set to rise for 13th time in a row
Posted on 22nd Jun 2023
Analysts expect the base rate to go up from 4.5% to 4.75%, to tackle rising prices.
Interest rates: How a rise affects you and your money
Posted on 22nd Jun 2023
The Bank of England is expected to raise rates from a current level of 4.5% to control price rises.
Warning homeowners face 20% drop in disposable income
Posted on 21st Jun 2023
Some 1.4 million mortgage holders will see their disposable income fall by more than 20%, a think tank says.
What is the Bank of England and why does it change interest rates?
Posted on 21st Jun 2023
The Bank of England has put up interest rates to 4.5% as it continues to try to control inflation.
Jeremy Hunt rules out government help on mortgages
Posted on 20th Jun 2023
Jeremy Hunt says help for mortgages would fuel further inflation but will meet lenders this week.
Mortgage rates: Average two-year fix now above 6%
Posted on 19th Jun 2023
It is the first time since December that the rate has been as high as 6%, driving up costs for homeowners.
Warning interest rate rise to slash spending power
Posted on 21st Jun 2023
Some 1.4 million mortgage holders will see their disposable income fall by more than 20%, a think tank says.
What is the Bank of England and why does it change interest rates?
Posted on 21st Jun 2023
The Bank of England has put up interest rates to 4.5% as it continues to try to control inflation.
Jeremy Hunt rules out government help on mortgages
Posted on 20th Jun 2023
Jeremy Hunt says help for mortgages would fuel further inflation but will meet lenders this week.
Mortgage rates: Average two-year fix now above 6%
Posted on 19th Jun 2023
It is the first time since December that the rate has been as high as 6%, driving up costs for homeowners.
Will soaring mortgage costs push the UK into recession?
Posted on 18th Jun 2023
There is unexploded ordnance in the UK economy, and there are fears that it will start to ignite.
Mortgages to go up by average of £2,900 a year for 800,000, says Resolution Foundation
Posted on 17th Jun 2023
Rising rates means those looking to remortgage will pay £2,900 a year more in 2024, a think tank says.