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Millions in UK brace to remortgage on worse deals as rate rise looms
More than 2.3 million UK households are bracing for increased mortgage payments as fixed-rate deals expire in 2027. The Bank of England is expected to raise rates, compounding the financial strain from rising costs of living.
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More than 2.3 million UK households are bracing for increased mortgage payments as fixed-rate deals expire in 2027. The Bank of England is expected to raise rates, compounding the financial strain from rising costs of living. Full story and more reels: https://newsreel.video #news #breaking #UK #mortgages #finance #costofliving #inflation #BankofEngland
Originally reported by The Guardian.
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