Financial advisor offers advice to those concerned
Home owners face further mortgage misery following the Bank of England's decision to raise interest rates by another half a per cent to 5-percent.
The move brings them to their highest level for a quarter of a century.
Paul Chase of local mortgage broker Financial Options, says higher rates are unwelcome though it's no great surprise:
Teenager who stabbed woman nine times jailed
18-year-old sentenced to six years and one month
Financial Times raises "serious questions" over government due diligence in King Gaming case
Video report scrutinises oversight and background checks, suggesting Isle of Man approach worsened fallout
Ballig Bridge to Cronk Y Voddy to shut for tree felling
Emergency closure by DOI
Treasury welcomes Bank of England interest rate cut
The cost of borrowing has reached its lowest level since early 2023