We're Dealing With Interest Rates in a World of Slowing Global Economy

The interest rates are a key factor in mortgage rates. And those are set by the Bank of England, and they're somewhat dependent on the global market. We want to do what we can to help homeowners with stamp duty. That was one of the announcements in the mini budget. But ultimately, interest Rates are a matter for the independent Bank of England. The due knowledge that some people will end up being worse off because their mortgage has gone up is controlled by the government's free use.