Analysis: Why are renters more vulnerable to interest rate rises than mortgage holders?

Britain has become a nation of renters. Paste BN looks at the data to see if that leaves us in a better or worse place as the Bank of England prepares a new interest rate announcement.

Wednesday 2 August 2023 07:57, UK

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More people have been forced to rent, fuelling further demand and pushing prices higher, harming renters' prospects of saving a deposit for their own homes.
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