The Bank of England surprised the media, economists and even Stig (but not me!) by raising the base rate 0.5% today.

This will accelerate the scenario we've been describing.

Always talk to your mortgage broker first. You need to know what you can and can't afford to do, especially in a fast changing scenario. If you don't have a broker you trust, you can talk to my hand picked, whole of market independent brokers here:

https://mhwc.co.uk/mortgage

All my links: https://linktr.ee/movinghomewithcharlie

https://www.bankofengland.co.uk/monetary-policy-summary-and-minutes/2023/june-2023

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