Mortgage Interest Rates 2024 Forecast Uk Gov. — rising interest rates means people looking to remortgage their homes will pay an average £2,900 a year more from 2024, a think tank has said. Competition between mortgage lenders has intensified ahead of a key decision on interest rates by the bank of england.
There is hope that more mortgage rate cuts may be on the way after competition among lenders ramped up in. — uk interest rates were cut on 1 august 2024 for the first time since 2020, bringing relief to many households and businesses struggling with higher mortgage.
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