MILLIONS of households will be impacted by 10 major changes to their finances in 2023 – but you may be able to avoid some. Households will be hit by tax rises but those on benefits including …
by the end of the next year when they move off cheap mortgage deals and are forced to refinance onto a higher rate.
Historically banks don't rush to up their savings rates in line with the base rate of interest - however, more and more are battling it out on the high street to offer the best rates.If you are due to come off a cheap fixed mortgage deal in the coming months, it's worth preparing to remortgage early.That means you could have been on one of the best mortgage deals and suddenly your monthly repayments will increase.Lots of lenders now let customers lock in a new rate six months in advance.
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