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Mortgage holders in Britain are facing ever-higher repayment costs amid concerns the Bank of England will raise interest rates again on June 22 to help keep inflation under control.
The average two-year fixed rate has more than doubled from 2.59 per cent in June 2021 to 5.90 per cent today, according to data from financial experts at Moneyfacts.
The average two-year fixed rate has more than doubled from 2.59 per cent in June 2021 to 5.90 per cent today, according to data from financial experts at Moneyfacts.