Bank hints at rate cuts, but don't expect Covid-era mortgage deals

In total, the Bank reckons two out of five residential borrowers, close to four million, will face a similar situation in the next few years, with an average 8% rise in repayment costs. (Although it also points out one in three are likely to see lower repayments during this time). BBC - For more and to sign up click here To Return to the Main Aggregate News Page - click here