Nearly 50 per cent of mortgage holders have already started cutting back in anticipation of interest rate hikes, an exclusive poll by ITV News has revealed.
Of those surveyed, 28 per cent said it would have a negative impact on them.
But 27 per cent, such as those who have paid off their mortgages, welcomed the increase as it means they would make more on their savings.
ITV News Reporter Ben Chapman has this report:
More top news
No one gave him a chance - but Donald Trump has just pulled off one of the greatest feats in modern American political history.
German police are investigating an online picture thought to be of two British men doing a Nazi salute at a former concentration camp.
Late sunshine here and there this evening - but more cloud for southern Scotland, northern England and Northern Ireland again.