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BBCNEWS BBC July 6, 2024

4.5%. risen by a quarter of a percent, that is from our economics editor, faisal islam, who has tweeted that. just getting that information in that, as expected, interest rates in the uk are now at 4.5%, up from 4.25%, a quarter rate rise. 0ur cost of living correspondent is watching these developments for us, kevin, news that will impact on so many peoples lives for their mortgages and make life just that bit more difficult as they have seen those rate rises so many times, for the 13t...
Interest Rates 4 25 News Agencies Bank Of England Interest Rate Faisal Islam

Choice widens for fixes while rates rise modestly: Moneyfacts – Mortgage Strategy

The overall average two- and five-year fixed mortgage rates rose, but more modestly compared to a month prior. This is according to Moneyfacts UK Mortgage Trends Treasury Report which reveals that product choice overall rose, but so did options for higher loan-to-value deals. The overall average two- and five-year
Rachel Springall Standard Variable Rate Fixed Rate Mortgages

The Morning Briefing: UK recession and how not to 'go technical'

Good morning and welcome to your Morning Briefing for Thursday 15 February 2024. To get this in your inbox every morning click here. UK recession The UK has slipped into a technical recession, the latest GDP figures from the Office for National Statistics have revealed. The latest figures showed that the UK economy
United Kingdom City Of Nathan Waldron Chris Bibby Keir Starmer Samuel Allen

Quarter of over 55s fear mortgage affordability: Perenna – Mortgage Strategy

Financial concerns driven by mortgage affordability and accessibility in the over-55s are rife, with over a quarter (28%) fearing they wouldnโ€™t be able to afford their mortgage if it moved onto their lenderโ€™s Standard Variable Rate (SVR). This is according to new research from Perenna which also reveals that an
City Of United Kingdom Arjan Verbeek Standard Variable Rate Retirement Interest Only Later Life Lending

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