Is your mortgage up for renewal? Here’s what you need to consider

Is your mortgage up for renewal? Here’s what you need to consider

Metro.co.uk - Lifestyle·2022-10-04 17:04

Interest rates are rising, which is bad news if you’re looking to remortgage (Picture: Getty Images)

It’s been a tough time for mortgage holders recently.

Following a string of rises in the Bank Of England base rate, the cheapest mortgage rates have risen from around 1% at the start of the year, to 4% now. And experts predict rates could soon rise even higher.

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