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‘Mortgage rates are crippling’ – how interest rates rises are impacting homeowners

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After the Bank of England raised interest rates, Channel 4 News spoke to a homeowner and a mortgage adviser to examine the impact it will have on people.

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Rachel Allum said that she was now facing a £350 increase in her monthly mortgage payments, and spoke to Channel 4 News about the difficulty of making ends meet.

#Rates #Inflation #Economy #Channel4News #C4News

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