I'd welcome somebody checking my sums but I think that if the BoE do hike rates by 1% in response to this, it'll mean an extra £500+ per month for a £200k mortgage balance (when they remortage...including last week's rate increase).
Edited down from £600pm
Queue housing repossessions and housing market collapse and more carnage?
@eskay started
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I'd welcome somebody checking my sums but I think that if the BoE do hike rates by 1% in response to this, it'll mean an extra £500+ per month for a £200k mortgage balance (when they remortage...including last week's rate increase).
Edited down from £600pm