BBCNEWS BBC News at Ten June 4, 2024 21:22:00
To try to curb inflation. it�*s notjust homeowners who are being hit. some buy—to—let landlords are either selling up or passing on higher costs to renters. and economists are expecting rates to be pushed up even higher next month. our economics editor, faisal islam, is here with more. so the bank of england has calculated who and by how much the mortgage shock will hit, as households roll off low fixed mortgage rates and face the reality of the rapid recent rate rises. overall, by the end of the year, over three million mortgage holders face higher payments, two million up to £200 per ...