Mortgages could spike again as interest rates set for biggest rise since 1980s

Summary by Ground News

Bank of England is expected to unveil the biggest interest rate rise since the 1980's. Decision could push interest rates from 2.25 per cent currently to 3 per cent. It would be the biggest single increase since 1989 and the eighth time in a row the Bank has raised interest rates. Comes as the bank tries to control runaway inflation which is battering British households.

Published 3 months ago · London, United Kingdom

News Articles

More Filters

All

Left

Center

Right

The Independent

Mortgages could spike again as interest rates set for biggest rise since 1980s

If – as expected – the Bank raises interest rates by 0.75 percentage points, it would be the biggest single increase since 1989.

3 months ago·London, United Kingdom

Read Full Article

Metro News

More misery for homeowners with interest rates set for biggest hike in 30 years

In a crunch meeting, the Monetary Policy Committee will make a decision that could drive up mortgage repayments for millions of homeowners.

3 months ago·London, United Kingdom

Read Full Article

Manchester Evening News

Mortgages likely to soar with 'biggest interest rate rise' in decades

The Bank of England's decision tomorrow (November 3) could push up monthly repayments for millions of homeowners

3 months ago·Manchester, United Kingdom

Read Full Article

Wales Online

Mortgage alert as biggest interest rate hike since 1980s expected

This could be the eighth time in a row that Bank of England hikes interest rates — less than a year ago it was 0.1pc.

3 months ago

Read Full Article

Express & Star

Mortgages could spike again as interest rates set for biggest rise since 1980s

The Bank of England is expected to unveil the biggest interest rate rise since the 1980s on Thursday as it tries to control the runaway inflation which is battering British households.

3 months ago·Wolverhampton, United Kingdom

Read Full Article