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Evening Standard
Evening Standard
Business
Vicky Shaw

Martin Lewis warns of mortgages ticking timebomb if interest rates rise as predicted

Martin Lewis Interest Rates United Kingdom Tim Bannister Rightmove

A mortgages “ticking timebomb” awaits if UK interest rate rises follow market predictions, Martin Lewis has warned.

Speaking on ITV’s Good Morning Britain, the consumer champion suggested those with variable rate mortgages or fixed-rate deals coming to an end in the next three to five months could go on a comparison website to see what is currently available.

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