Article 3W1RR How will interest rate rise affect mortgages, savings and property?

How will interest rate rise affect mortgages, savings and property?

by
Patrick Collinson
from Economics | The Guardian on (#3W1RR)

Impact of Bank of England's decision to lift base rate for only second time in a decade

The Bank of England on Thursday raised its base rate for only the second time in a decade, inching it up from 0.5% to 0.75%. What impact will it have on your mortgage, savings and the property market?

Related: Bank of England raises interest rates to 0.75%

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