More than a million home owners will see the cost of their mortgage payments rise from today.The majority of those affected are Halifax customers, who could typically find themselves paying nearly £200 extra a year, following a series of recent rate rise announcements from lenders.
The Co-operative Bank, Clydesdale Bank and Yorkshire Bank are also among those raising rates, blaming the weak economy and the increased cost of funding a mortgage.
Fears have been raised that people could struggle to switch to a better deal as lenders have already started tightening their borrowing criteria, triggering a fall in the proportion of mortgages being approved.
More top news
The best of any sunshine will be for north-eastern areas particularly this morning.
The 81-year-old revealed she wasn't asked to follow the hit TV show to Channel 4, and wouldn't have been tempted by the money.
Minister will fail to eliminate the gender pay gap in a generation if it continues to "ignore" evidence to help achieve its goal, MPs warn.