Millions of homeowners could face £1,000 hike in mortgages
The Bank of England's decision to increase the base rate from a record low 0.1 per cent to 0.25 per cent yesterday will add an extra £144 a year to the cost of a typical home loan.
The Bank of England's decision to increase the base rate from a record low 0.1 per cent to 0.25 per cent yesterday will add an extra £144 a year to the cost of a typical home loan.