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Mortgage misery as borrowers on tracker deals face typical £30 rise in payments

2 sources2 articles First seen Updated United Kingdom Truth score 48

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Summary

The Bank of England base rate has increased by 0.25 percentage points to 4%.

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  1. Financial Times Center Factuality: Mostly factual IN
    Bank rate rise ‘puts tracker mortgage trend at risk’

    Most fixed-rate borrowers are cushioned from the impact of this week’s decision but those coming off a five-year deal face a payment shock

  2. Standard Center Factuality: Mostly factual GB
    Mortgage misery as borrowers on tracker deals face typical £30 rise in payments

    The Bank of England base rate has increased by 0.25 percentage points to 4%.

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