Mortgage hack slashes £7,800 off couple’s bill — could you dodge interest rate shock?

Mortgage hack slashes £7,800 off couple’s bill — could you dodge interest rate shock?

A Suffolk couple says they have found a simple way to chip away at their mortgage using a cashback app linked to everyday spending ahead of a potential interest rate hike from the Bank of England.Analysts are sounding the alarm that mortgage rates could spike later this year as the central bank could be forced to raise the cost of borrowing if inflation goes up in response to the US-Iran war.Nick and Sarah Rutter, from Kedington, have been using…