Mortgage costs to rise for 3 million, says Bank of England
Source: BBC
10 minutes agoBy Charlotte Edwards, BBC Business ReporterShutterstockAbout three million households are set to see their mortgage payments rise in the next two years, the Bank of England has said.The Bank's latest Financial Stability Report also said about 400,000 mortgage holders are facing some “very large" payment increases.Renters remain under pressure from the higher cost of living and higher interest rates,…
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