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The Guardian - UK
The Guardian - UK
Business
Rupert Jones

What are the best options if you are looking for a mortgage?

Interest Rates Bank of England Laith Khalaf Moneyfacts
For sale and sold signs outside houses
Borrowers have been warned to brace for further pain, with the Bank of England expected to raise rates for the 13th successive time next week. Photograph: Yui Mok/PA

As if things were not tough enough already, those looking for a new mortgage deal are now being squeezed on all sides.

Some experts are predicting the Bank of England will raise interest rates five more times, on top of the 12 since December 2021 that have taken the central bank’s key base rate to 4.5% – the highest since 2008.

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