In principle, lenders appear to have scope to absorb any rise in Bank Rate within their already high margins. Yet lenders are now raising the cost of some mortgages in response to higher swap rates. That suggests that if Bank Rate does rise later this year, any rise will almost certainly be passed on to borrowers.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.