Mortgage holders react to news that the Bank of England is holding interest rates at 5.25%.
Nicola is considering whether to take in a lodger as a last resort, in order to afford her new mortgageInterest rates have been held at 5.25% by the Bank of England, after 14 consecutive rises. But they are still at their highest for 15 years. How are homeowners coping?But the tax accountant, from Isleham, Cambridgeshire, is still "hugely anxious" because her mortgage is due to go up by about £300 a month.
"I'm being told by mortgage advisers that the best thing is to fix. But my gut feeling is that the rates might come down in the next few years. Obviously it's risky." Nicola, who is single and lives on her own, has been considering whether to take in a lodger to cover the additional cost.
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