A rise in interest rates could push millions of homeowners into real financial hardship, according to a property expert. Paula Higgins, chief executive of the HomeOwners Alliance, said:
Homeowners are already really struggling to make ends meet, and millions could be pushed into real financial hardship when interest rates start to rise.
It shows just how severe the cost of living crisis is that a rise in interest rates could lead to some homeowners struggling to afford food or being forced to sell their homes.
The Bank of England needs to tread very carefully to avoid causing widespread financial difficulties.
More top news
Two girls accused of luring a classmate into the woods before repeatedly stabbing her to please a fictional character are to stand trial.
Marco Reus says even he doesn't know why he did not take a driving test after he was fined 540,000 euros for driving without a licence.
A ban on female soldiers fighting on the front line could be lifted in 2016, the Ministry of Defence has announced.