# Millions in UK brace to remortgage on worse deals as rate rise looms

- Source: Guardian World
- Published: 2026-11-02T06:00:34+00:00
- Category: Local
- Original: https://www.theguardian.com/money/2026/nov/02/mortgage-payments-rise-2027-interest-rates
- Canonical: https://groundlevelnews.com/story/millions-in-uk-brace-to-remortgage-on-worse-deals-as-rate-rise-looms-89445e/

More than 2.3m households face jump in payments in 2027, after expected increase in Bank of England rate this week More than 2.3m UK households face a sharp rise in mortgage payments as they come off fixed-rate deals in 2027, with the Bank of England expected to begin raising interest rates this week. The Bank’s nine-member monetary policy committee (MPC) is widely expected to increase the base ra

_Ground Level News shows a short summary only; the full article and all rights belong to Guardian World._