Mortgage rates have been rising sharply since the war in the Middle East began. Experts say the reason for this is that the prospect of higher inflation due to soaring oil and gas prices means the Bank of England could conceivably be forced to raise the base rate in 2026, after its Monetary Policy Committee unanimously voted to leave rates on hold at 3.75 per cent on Thursday. Many borrowers will understandably be on red alert right now, as each day more rate rises seem to be announced and the

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