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UK Mortgage Payments Surge: Households Face £3,852 Increase

1/8/2026

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Story summary
  • In the United Kingdom, about 69,000 households will see monthly mortgage payments rise by roughly £321 as rates move from below 2% to about 4.9%.
  • This shift could cost borrowers an additional £3,852 in 2026.
  • Greg Marsh, CEO of Nous, notes rising rates stem from Liz Truss's late-2022 mini-Budget.
  • He urges homeowners to seek professional advice.