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Daily Mirror
Daily Mirror
Business
Sam Barker

Martin Lewis' MSE issues mortgage warning to every homeowner after interest rate rise

Martin Lewis' MoneySavingExpert has advised all homeowners to check their mortgage - as they could save thousands following the latest base rate rise.

Last week the Bank of England raised base rate from 1.25% to 1.75% - a rise of 0.5 percentage points.

If interest rates are higher, you'll pay more to borrow on products like mortgages.

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