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The Independent UK
The Independent UK
Business
Karl Matchett

The key decision this September that could send mortgage costs soaring

In under two weeks, a key vote will determine the next course of the UK economy, that could send mortgage costs spiralling.

With inflation still on the rise and global bonds being sold off, money markets are suggesting an increased chance the Bank of England (BoE) will hike interest rates, a move which would be beneficial for savers but problematic for homeowners, businesses and the wider economy.

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