The Times - What rising rates mean for mortgages
Tags: The Times and The Sunday Times, Press Commentary
The warning that interest rates are likely to rise quickly has left almost four million mortgage holders facing extra repayments.
Aaron Strutt of Trinity Financial told The Times: “Many of the lenders raised their rates just before the last base-rate hike and the same thing will probably happen again. If you are on an expensive standard variable rate, you should ask your lender for a better deal.”
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