Sky News published this video item, entitled “More mortgage providers pull deals over rate rise fears” – below is their description.
Two more of the biggest mortgage providers have suspended mortgage deals as the Bank of England signalled it would raise interest rates to rein in inflation after the Chancellor’s mini-budget.
Santander and HSBC withdrew mortgage products as the Bank’s Chief Economist indicated it would hike interest rates to new highs in November and the cost of UK government borrowing rose.
#mortage #costofliving #crisis #government #lending
Sky News YouTube Channel
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