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Should you remortgage or overpay as interest rates rocket?
Source: telegraph.co.uk
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Should you remortgage or overpay as interest rates rocket?
Lenders extend offers on current deals as panicked homeowners rush to remortgage
Mortgage repayments will likely soar for millions across Britain following the Bank of England's latest rise in interest rates, while analysts fear it could increase to 6 per cent by next spring.
The three banking giants, along with Lloyds, which today also paused some of its products, account for around half of the mortgage market in Britain.
Borrowers face costly jump in monthly payments as Bank Rate hits highest level since 2008