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Huge mortgage blow for millions as Bank of England hikes interest rate for first time in 3 years – what it means for YOU

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MILLIONS of mortgage holders are facing a bills shock as the Bank of England has hiked interest rates for the first time in more than three years. The central bank has increased its base rate by 0.25 percentage points, taking it from 3.75% to 4%. It’s the first time the central bank has increased borrowing…

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