Remortgage now, experts warn!

More than 20 lenders have increased their mortgage rates in the past month. An average two-year fixed deal has gone up by 0.04%. For those lenders that rely on Money Markets to fund their mortgages are forced to factor their own higher cost

The higher inflation figure announced on 12 September together with the Bank of England stepping up its interest rate warnings, gave a clear indication to markets that a base rate rise is likely in the near future says Charlotte Nelson, finance expert at Moneyfacts

You can read the full article published in This is Money

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