MPs accuse mortgage lenders of profiteering as they raise interest rates by MORE than 0.25 per cent - Daily Mail


6/18/2022 12:00:00 AM2 years 10 months ago
by Elizabeth Haigh

Leading banks have increased mortgage rates by up to 0.5%, bringing misery to hard-pressed UK families. The Bank of England has increased the base interest rate from one per cent to 1.25 per cent.

MPs have accused mortgage lenders of 'profiteering' from the cost of living crisis as some lenders increase interest rates by double the Bank of England's 0.25% rise, and are calling for banks to 'ex… [+6924 chars]

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