BoE rate low but homeowners face price surge
The Bank's data on the average interest charge of four fixed-rate mortgage deals showed that costs for homeowners are now at their highest levels since 2000, when the Bank's benchmark rate stood at 6%.
Costs for five-year fixed rate deals with a loan-to-vale ratio of 95% rose from at the end of May 6.98% to 7.15%, their highest level since
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