Economy · FinanceOngoing · 13
Millions in UK brace to remortgage on worse deals as rate rise looms
Kalyeena Makortoff and Heather Stewart · The Guardian · World
Published 2 Nov 2026, 5:00 pm·1 h ago·1 min read
Listen to this story
Read aloud by your device
More than 2.3m households face jump in payments in 2027, after expected increase in Bank of England rate this week More than 2.3m UK households face a sharp rise in mortgage payments as they come off fixed-rate deals in 2027, with the Bank of England expected to begin raising interest rates this week. The Bank’s nine-member monetary policy committee (MPC) is widely expected to increase the base rate from 3.75% to 4% on 5 November after UK inflation rose further to 3.5% in September. Continue reading...
Read the full story at The Guardian · World
theguardian.com
Part of an ongoing event
Open timeline →Israel’s genocide in Gaza: Death toll rises to 74,564
13 articles