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The Guardian - UK
The Guardian - UK
Business
Jedidajah Otte

‘It could be years of limbo’: how UK interest rate rises have hit mortgages

United Kingdom Richard Price Rosina London
estate agents for sale signs
The rise in mortgage rates have put many people’s plans on hold. Photograph: Yui Mok/PA

UK house prices stalled last month after more than two years of growth, amid sharp rises in mortgage rates triggered by the Liz Truss government’s disastrous mini-budget.

Recently installed chancellor Jeremy Hunt will set out his plans to mend the damage in an autumn statement on Thursday. Here, three people share how the continuing fallout is affecting their mortgage plans.

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