The 0.75 percentage points increase from 2.25% to 3% means a £73.49 monthly rise for the average tracker mortgage, and £46.22 for the average standard variable rate (SVR) mortgage.
Since December, when the base rate was 0.1%, the average monthly mortgage payment has increased £284.17 for the average tracker, and £178.70 for the average SVR.
Bank of England Base Rate
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