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Source:
The Guardian
Source: The Guardian
1 HrThe Guardian
Source: The Guardian
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The Bank of England raised its base rate by 0.25 percentage points to 4% on 5 November 2026, its first increase in more than three years. Most mortgage holders are on fixed deals, but tracker borrowers and many on variable rates are likely to pay more; new mortgage rates are near a three-year high, and some borrowers coming off older fixed deals face sharply higher payments. The increase may also lift returns on easy-access savings, though providers may pass on only part or none of it.
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