Page 7 - Vicky Shaw News Today

Private rents will become increasingly unaffordable for those on low incomes if benefit freezes are maintained, the IFS said.

Private rents will become increasingly unaffordable for those on low incomes if benefit freezes are maintained, the IFS said.

Experts said the new mortgage charter agreed by major lenders is a positive move.

The bank said it will be increasing rates shortly and making other changes, and it will give further details next week.

The bank said it will be increasing rates shortly and making other changes, and it will give further details next week.

The Bank of England base rate now stands at 5% after a 0.5 percentage point hike on Thursday.

Two-fifths of mortgage holders are showing at least one sign of financial difficulty, according to a YouGov survey for StepChange.

The launch comes as the bank said its existing 123, Select, and Private current accounts are being removed from sale.

The Premium Bonds prize fund rate will reach a 15-year high from the July prize draw, increasing to 3.70% from 3.30%.

The bank said it was removing some mortgages from sale as of 4pm on Monday.