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Millions in UK brace to remortgage on worse deals as rate rise looms

02 Nov 2026, 06:00 UTC · 2 independent sources
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🚨 MILLIONS OF UK HOUSEHOLDS FACE HIGHER MORTGAGE PAYMENTS More than 2.3m UK households face a sharp rise in mortgage payments as fixed-rate deals end in 2027. The Bank’s nine-member MPC is widely expected to raise the base rate from 3.75% to 4% on 5 November. UK inflation rose to 3.5% in September. Source: The Guardian, aol.co.uk #UK #remortgage #raterise

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