Rising mortgage rates and a smaller pool of home loans to choose from means homeowners looking to secure their next deal could be in for a bill shock.
October marked the weakest start to the month for mortgage product choice in more than 12 years, according to Moneyfacts.co.uk. Encouragingly, the choice of products has since started to creep back up again – but with the added sting in the tail that lenders’ rates have also increased.
