Average five-year fixed rate has increased from 5.18% to 5.3%
Lenders warn over risk of negative equity
More than 100,000 borrowers are in serious difficulty
Rates will automatically reduce as the loan is paid off
Bank of England says effective interest rate fell to 5.28% in December
The shadow chancellor says she would open the door to longer deals
Co-op Bank will launch a fixed-rate two-year deal at 3.85% this week
Value of mortgages in arrears has reached £18.8bn
11,540 buy-to-let mortgages were in arrears in Q3, up 29% on the previous quarter
Nationwide is offering a two-year fix at 4.99%
Total number of mortgages approved last month was 35% below pre-pandemic level
Total interest has soared over the past 12 months