Explained in plain English
Will my mortgage change?
A strengthening pound doesn't directly change your mortgage payments. However, a growing service sector and a confident economy might influence the Bank of England's decisions on interest rates in the future. If rates go up, it could eventually affect variable rate mortgages or when you remortgage.
Stories that explain this
Pound strengthens as the UK service sector returns to growthThis explainer came from a news story
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