BREAKING: The Bank of England has unveiled the biggest interest rate rise in more than 30 years, which could see Homeowner's annual mortgage repayments go up by hundreds of pounds.
Mortgages are decided against this rate. Borrowers with a £200,000 standard variable mortgage could see their repayments rise by more than £1,000 a year.
Mr Hunt has already faced calls to come to the Commons or give a press conference to explain how mortgage-holders will be helped following the predicted hike in interest rates.
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