BBCNEWS Newscast July 7, 2024
2 million people in this country who are on a variable rate mortgage who will immediately see the impact of that 0.75% rise we have had today. the biggest since the '80s or '90s depending on who you believe. and for somebody with the average size mortgage, just from today's rise, but of course, that's the eighth rise we have had in succession from the bank of england. there's more pain to come for around 2 million people you roll off their mortgage fixed rates next year. they might see an even bigger rise because they're on a really low rate now and it'll probably be higher than it i...
Source: archive.org