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View Full Version : Five Ways To Reduce Your Mortgage Repayments In 2023 - And Why Rates Have Risen So Hi



NewsBot
17-Jan-23, 22:50
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:

Five Ways To Reduce Your Mortgage Repayments In 2023 - And Why Rates Have Risen So High




Around 4 million UK households will face higher mortgage costs in 2023 with average monthly payments expected to increase from £750 to £1,000. Banks' lending rates are directly influenced by the Bank of England's base rate, which rose nine times in the year to December 2022 to 3.5% and is expected to reach around 4.5% in 2023. [Read Full Article (https://caithness-business.co.uk/article/18970)]