The Bank of England has warned that roughly 4.4 million UK households could face mortgage repayment increases over the next three years, with around 420,000 households potentially seeing £500-per-month hikes. Additionally, between 1 million and 1.5 million people are expected to experience a second rate increase, with 2.7 million individuals anticipated to refinance onto rates exceeding 3% by the end of 2027. Interest rates have already risen significantly, prompting the central bank to make two rate cuts in recent months, bringing the base rate down to 4.75%.
Full Article
Harshita Brella: Husband charged with murder of wife found dead in car boot
A murder charge has been authorized against Harshita Brella's husband, Pankaj Lamba, who is believed to have fled the country after her body was found in the boot of a car in east London. The Crown Prosecution Service announced the charges, including two counts of rape, sexual assault, and controlling behavior, but Mr. Lamba has not yet been located. Police believe Brella was strangled in Corby before her body was driven to Ilford, and they...
Read more