THE monthly mortgage payments of nearly a million households will rise by £500 due to soaring interest rates, the Bank of England warned.
It said between now and the end of 2026, around 3.8million households will fork out up to £199 a month more in repayments.
This story is from the July 13, 2023 edition of Daily Record.
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This story is from the July 13, 2023 edition of Daily Record.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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