Martin Lewis explains how to check if you can save £10,000 on your mortgage | Personal Finance | Finance

Mortgage rates have been rising for months, but a sharp increase was recorded almost two weeks ago in response to the fallout from the mini-budget.

First-time buyers and those looking to downsize are the most vulnerable.

On average at least 100,000 people a month come to the end of their current mortgage and face a significant increase in their monthly repayments.

The typical deal rate is 6.07 percent, according to financial information service Moneyfacts — a rate not seen since the financial crisis in November 2008.



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