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UK interest rate rise 2017

Bank of England

The Bank of England has increased interest rates for the first time in a decade today, rising from 0.25% to 0.5%. 

Across the UK, 9.2 million households have a mortgage – with half on a standard variable rate or a tracker rate. This means that between four and five million households could face an increase to their monthly repayments. 

If you're ever in a situation that you are worried about your mortgage repayments, don't be. There is a lot of help available - starting with our handy infographic below. 

Alternatively, you can find downloadable guides from the Money Saving Service and the Building Societies Association on our website. 

Bank of England
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Sian Dennis Senior Marketing and Communications Assistant

Sian is responsible for creating collateral to support the overall marketing strategy and generate buzz about the Society to the outside world.

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