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bank of england

The Bank of England warns regarding sharp mortgage payment increases for 4 million households reaching almost £3,000 yearly

Per Bloomberg The Bank of England has announced that they would be increasing mortgage rates sharply, which would affect four million households. This would result in average borrowers having to pay almost £3,000 yearly. This comes as Governor Andrew Baily explains the situation, saying that the decision would still
17 Jul 2023 1 min read
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