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Daily Mirror
Daily Mirror
Business
Chiara Fiorillo

Mortgage repayment calculator: See how much your monthly bill could rise by if rates soar

Mortgage costs could surge to a 30-year-high if the Bank of England raises interest rates to as high as 6%, experts have warned.

In just six days, 1,621 products have been pulled from sale, after a fall in the pound fuelled fears for the economy.

On Tuesday, the Bank of England's chief economist said that action would have to be taken - meaning interest rates could rise sharply.

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