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Today s rate hike just added another £900 a year to a lot of people s mortgages

Today s rate hike just added another £900 a year to a lot of people s mortgages
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United kingdomRichard donnellJason tebbJeremy huntSimon rubinsohnAndrew baileySarah thompsonAlex maddoxBrian murphyInternational monetary fundRoyal institution of chartered surveyors ricsMortgage advice bureauOffice for national statisticsUnited kingdom financeNational statisticsEngland governor andrew bailey

£880 annual increase in tracker mortgage costs following latest base rate rise

Since December last year, the average monthly tracker mortgage payment has increased by around £3,410 per year, according to UK Finance figures.

United kingdomSarah thompsonBrian murphyAlex maddoxMortgage advice bureauOffice for national statisticsUnited kingdom financeNational statisticsKensington mortgagesMortgage scout