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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
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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