Estimated number of mortgages reaching end of fixed rate period by initial fixed rate
lots of caveats but suggests around 300,000 per quarter at the moment, peaking at around 375,000 in Q2 next year
This is nightmare for most of middle class - someone with a £250k mortgage currently paying 3% would see their interest rate rise to 6.5% or simple terms annual interest bill rise from £7,500 to £16,250 They would need to find over £700 extra per month to not lose their house
https://twitter.com/Guy_Stallard/status/1574321288025616384