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The Independent UK
The Independent UK
Business
Vicky Shaw

What could another base rate rise mean for some homeowners across England?

England TotallyMoney Bank of England The Bank of England Alastair Douglas Andrew Hagger
PA Archive

A website has looked at what a potential further 0.25 percentage point hike in the Bank of England base rate could mean for homeowners across England.

Ahead of the next base rate announcement on June 22, comparison service TotallyMoney looked at what a base rate hike could mean for mortgage payers – if the Bank of England decided to raise the base rate from 4.50% to 4.75%.

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