BBC·3 min read·medium
One million more UK homeowners expected to face mortgage hit
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✦AI Summary
The Bank of England projects that one million more UK homeowners than previously expected will face higher mortgage repayments by 2028. This increase is attributed to economic pressures linked to the ongoing war in Iran.
Image source, Getty Images By Kevin Peachey Cost of living correspondent Published 7 July 2026, 11:30 BST Updated 7 hours ago A million more homeowners face higher mortgage bills than the Bank of England had previously expected due to the impact of the Iran war.
economybusiness
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