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  • This figure appears to be based on the Resolution Foundation’s estimate of the average increase for households whose fixed-rate mortgage expires in 2024. It’s not an “average” across all mortgages or an estimate for “this year”. The think tank estimates those whose fixed-rate deals expire this year face an average £2,800 increase—but again, this isn’t an average across all mortgages, and we’ve not seen any reliable estimate for that.
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  • This figure appears to be based on the Resolution Foundation’s estimate of the average increase for households whose fixed-rate mortgage expires in 2024. It’s not an “average” across all mortgages or an estimate for “this year”. The think tank estimates those whose fixed-rate deals expire this year face an average £2,800 increase—but again, this isn’t an average across all mortgages, and we’ve not seen any reliable estimate for that.
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