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Daily Mirror
Daily Mirror
Business
Amy Reast & Bradley Jolly

'My mortgage is going up - I'm considering selling as it's already hiked by 55%'

Bank of England Interest Rates NHS

A disabled single mum is considering selling her property and moving into a motorhome following today's "financial bomb" inflation hike.

Abigail Tunstall's deal has already increased several times - by 55 per cent to £560 - and today came news it'll rise further as Bank of England has hiked interest rates to five per cent.

The former NHS nurse was able to afford the £360-a-month mortgage after moving away from a fixed-rate deal in 2018 on her three-bed home in Truro, Cornwall.

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