The 0.5 percentage point base rate increase is likely to drive up mortgage rates, with those on SVRs now paying £196 a month more on average than they were last November.
The 0.5 percentage point base rate increase is likely to drive up mortgage rates, with those on SVRs now paying £196 a month more on average than they were last November.
Britons were today already suffering financial pain after the interest rates announcement - with Santander saying almost immediately that mortgage repayment rates will go up.
Britons were today already suffering financial pain after the interest rates announcement - with Santander saying almost immediately that mortgage repayment rates will go up.