UK rates climbing again... anyone else feeling that mortgage squeeze?

05 Eyl 10:00

Not gonna lie, seeing borrowing costs spike right as mortgage holders were hoping for relief is pretty grim timing. With the bond sell-off hitting globally and talk of a 'challenging' budget coming up, it really feels like we're stuck between a rock and a hard place on fiscal policy. I keep wondering how much of the current squeeze is self-inflicted vs. just riding the global wave. And honestly, how are people here actually planning around this? Are you locking in fixed rates now before it gets worse, or just bracing and hoping for the best? Feels like anyone on a variable rate is about to get smacked.