Around half the UK's mortgage holders face paying higher rates over the next three years, the Bank of England has warned, while sounding alarm over the potential impact of Donald Trump's looming return to the White House.

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Bank of England warns of risks from rise in global trade barriers

The Bank of England warned on Friday that higher trade barriers could hit global growth and feed uncertainty about inflation, potentially causing volatility in financial markets.

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Around 420,000 UK households are estimated to be impacted by the £500 rise.

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UK homeowners issued urgent warning with mortgages set to skyrocket by £500

Around 420,000 households have been warned they will face mortgage hikes of £500 a month next year.The Bank of England warned that a total of 4.4mill

The Sun

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Mortgage warning as 420,000 households face £500 a month hike next year

While U.K. households, businesses and banks appeared to be in good shape, the BoE report said, Britain's financial sector faced risks that were "particularly relevant" given the openness of the U.K. economy.

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The Bank of England's latest financial stability report - released twice a year - shows 4.4 million homes are set to refinance at higher rates though others will benefit from cuts.

Sky News UK

Bank of England issues mortgage rate warning to 4.4 million homes and sounds Trump trade alarm

About 4.4 million UK households could see hikes to their mortgage repayments over the next three years, the Bank of England said on Friday, in a sign that costs are set to rise for millions of Britons.

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Millions of UK households could see mortgage repayments go up, Bank says

Non-banks are often not able to predict how their counterparties, investors and markets will behave in times of stress, the Bank of England said on Friday, warning the sprawling sector risked being “underprepared” in times of crisis.

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Non Banks Are Underprepared for Times of Crisis, BOE Warns

Rising global trade barriers threaten to drag on global economic growth and unsettle the stability of the UK’s financial system, the Bank of England has warned today. In its half-yearly financial stability report, the central bank said the financial system could be hit by disruption to cross-border capital flows and a reduced ability to diversify risk. While Threadneedle Street did not refer directly to the threat of US tariffs, fears over the d…

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London

Greater London

Bank of England warns on threat of global trade barriers

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Bank of England Warns of Risks From Rise in Global Trade Barriers

Fire sales of assets by pension funds, hedge funds and other investors would amplify impact, says study

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Bank of England warns of risks from non-banks in future markets crisis

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Bank of England issues mortgage rate warning to 4.4 million homes and sounds Trump trade alarm

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