November 21, 2024

Seven high street names accused of ‘blatant profiteering’ for raising mortgage rates while cutting savings rates

 Seven high street names accused of ‘blatant profiteering’ for raising mortgage rates while cutting savings rates

Seven high street names accused of ‘blatant profiteering’ for raising mortgage rates while cutting savings rates

Mortgage rates have risen since the budget based on expectations further base rate cuts could be delayed – and while this is bad news for borrowers, higher rates should be great for savers.