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
Can't wait to remortgage in 3 months time...
Check to see if you can fix earlier, I was able to do mine 3 months earlier with Nationwide.
You can usually lock in a rate up to 6 months ahead of time so start shopping today.
@Sumo 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