May 18, 2025

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How to pay off your mortgage early on an average UK salary

  • May 18, 2025

PAYING a mortgage off early might seem like a pipe dream for most people. It’s typically the largest debt you’ll ever have, taking decades to pay off. 2 Pay your mortgage off early on an average wageCredit: Alamy But it is possible to make that dream a reality, even on an average wage. Monthly mortgage

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Mortgage

Mortgage bills to FALL for millions as Bank of England reveals interest rate decision – what it means for you

  • May 8, 2025

MILLIONS of mortgage bills are set to fall after the Bank of England (BoE) slashed interest rates this afternoon. During today’s meeting of the Monetary Policy Committee (MPC), the BoE’s rate-setters reduced the base rate from 4.5% to 4.25% – the fourth interest rates cut since 2020. 1 This reduction means that millions of mortgage holders are set to see their bills fallCredit: Getty

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