BBC News - Mortgage rates: Fresh round of rises imposed by lenders
Major mortgage lenders have embarked on a fresh round of rate rises, with the interest rate on a typical five-year fixed deal now close to 6%.
The Halifax, part of Lloyds Banking Group - the UK's biggest lender, and the Nationwide Building Society have increased rates on new deals.
"Changes are certainly coming through now," said Aaron Strutt, of mortgage broker Trinity Financial told the BBC.
"More of the big banks and building societies are increasing their prices again or pulling their mortgages, which means new borrowers and people looking to remortgage will face even higher repayments.
"We now seem to be in a pretty endless cycle where lenders keep raising rates as they struggle to price their mortgages."
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