03-02-2023 08:00 via theguardian.com

‘I’m really worried’: homeowners and would-be buyers on UK interest rates

As the base rate reaches 4%, we hear from people concerned about rising mortgage costsChris Felix-Hill, 47, and his wife, Adeline, from Steeple, Essex, are struggling to keep alive their dream of one day becoming homeowners, after “demoralising” house price rises during the pandemic and yet another interest rate rise from the Bank of England on Thursday, to 4%, a 14-year high.“Today’s announcement just means more disappointment and frustration,” says Felix-Hill, who
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