What does the Bank of England base rate hike mean for homeowners?
The Bank of England base rate now stands at 5% after a 0.5 percentage point hike on Thursday.
Source: aol.co.uk
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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.