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Daily Mirror
Daily Mirror
Business
Levi Winchester

All the help available if you can’t pay your mortgage as average two-year fix hits 6%

Homeowners face paying thousands of pounds more on their mortgage as lenders continue to put up rates and pull deals.

Markets have been spooked over fears the Bank of England will raise interest rates again this week, as inflation remains stubbornly high.

The annual rate of Consumer Price Index (CPI) inflation - the rate at which prices rise - was 8.7% in April and still well above the Bank of England target of 2%.

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