About 2 million borrowers are on variable rate deals of some kind, and many have already seen an increase in their repayments following the last base-rate rise. Thousands more are on fixed-rate deals that come to an end over the next few months.
With other living costs rising, remortgaging might be a good bet.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP. REPAYMENTS ON YOUR MORTGAGE.
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