
One Million More UK Homeowners to Face Higher Mortgages
An additional one million homeowners in the UK are projected to face higher mortgage payments, with an average increase of £45 per month, as they transition to new deals over the next two years.
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One million more UK homeowners set to face higher mortgages
Homeowners face paying £45 a month more on average when they move onto a new deal over the next two years.
Read full article →More than five million homeowners face higher mortgages, says Bank of England
The Bank’s fresh Financial Stability Report showed that ‘a little over five million households’ are projected to see increases by the end of 2028.
By Henry Saker-Clark
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