Would Brexit really force up your mortgage rate?

It’s best to speak to an adviser in more detail regarding mortgage rates as these differ depending on your circumstances. You can call us on 0800 316 4071 People are still buying and remortgaging, while the uncertainty around Brexit means it’s not exactly ‘business as usual’ , indications so far suggest people are continuing to apply for mortgages and buy houses.

That in turn will put up mortgage rates. So for example if you have a 100k mortgage at 3.92% (currently this is a reasonable rate to have) your repayments will be 523 a month. If your mortgage rate goes up to say 7% then your repayments are 707 a month, if it goes up to 10% then it’s 909 a month and so on.