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Mortgage lenders put up interest payments before Bank’s base rate hike


Banks and building societies increased charges that could add thousands to some people’s home loan costsBanks and building societies had already begun putting up mortgage interest payments before the Bank of England announced its latest base rate hike to 2.25% – piling more pressure on homebuyers and owners.For some, the increased charges could add thousands of pounds to their total home loan costs over the next couple of years. Continue reading…

Source : theguardian.com
Read more…Mortgage lenders put up interest payments before Bank’s base rate hike

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