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Glasgow Live
Glasgow Live
National
Sam Barker & Katie Williams

Martin Lewis issues urgent message to homeowners to act now to get £1k off bills

Consumer champion Martin Lewis has issued an urgent message to homeowners after the Bank of England raised interest rates for the fourth consecutive time last week.

He warned that homeowners on variable tariffs have around 30-days to shop around before their bills rise, while others on soon-to-expire fixed deals may want to consider locking in a new tariff now.

Writing in the MoneySavingExpert newsletter, Martin explained: 'The cheapest rates have disappeared - if your fix ends soon-ish or you're on the standard rate, check NOW if you can save.

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