UK debt market sell-off threatens mortgage pain for households

Mortgage brokers 'steered' home buyers to riskier deals

A Bank of England research paper has suggested that mortgage brokers were 'steering' households towards short-term fixed mortgages in order to make more money

700,000 homeowners face mortgage hike as fixed-rate deals end this year

700,000 homeowners are facing a mortgage increase when their fixed-rate deals end this year

Mortgages rates are not rising yet but Reeves has to act

https://www.bbc.com/news/articles/cx2pg75yn88o Getty ImagesIt has not been a good week for Chancellor Rachel Reeves. Government borrowing costs have hit their highest level in 16 years and the pound has fallen to a 14-month low against the dollar. She has gone on a planned trip to China amid accusations from opposition parties that she is leaving at a moment of economic peril. Source

700,000 UK homeowners warned they face mortgage changes

The Bank of England warned that millions of families face a "big increase" in monthly payments when they remortgage - and that number looks set to rise further

Surge in borrowing costs will drive up mortgage interest rates, economists warn as Reeves heads to China amid turmoil

Rachel Reeves' surge in borrowing costs will lead to increased interest rates on mortgages and business loans, economists have warned.