Rates on new mortgages are continuing to climb, leaving millions of people in the UK – from those looking to switch to a new deal to would-be first-time buyers – wondering about their options.
After last week’s 0.5 percentage point interest rate increase, many mortgage borrowers worried about rising costs are unsurprisingly seeking the shelter of a fixed rate – but the deals on sale now are significantly pricier than those on offer only a few months ago.
