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
A young boy with cystic fibrosis has been 'recruited' by police to become Iron Boy and help rescue a reporter from an evil super villain.
Concerns about the way Google and other multinationals pay tax have been around for at least three years.
BT is launching a "breakthrough" new service aimed at completely eradicating millions of nuisance calls for its customers.