7 WAYS TO PREPARE FOR AN INTEREST RATE RISE – WHICH?

With another likely base rate rise on the way, find out how to get your finances ready.

Interest rates are expected to rise yet again later this month as the Bank of England continues its efforts to calm inflation.

The anticipated hike – which is set to be the 11th consecutive increase in little more than a year – is a further blow to mortgage customers, as base rate rises tend to make borrowing more expensive.

Here, we analyse what higher interest rates mean for your mortgage repayments, and outline what steps you can take to prepare for any changes.

To understand more about the mortgage services we offer visit our Mortgage page

If you are thinking of arranging a mortgage and would like advice Contact us

If you found this article useful and would like more market updates visit our articles page

To see all our recent customer feedback click here