Interest rates rise again, to 4.25%: Industry reactions

"No surprise" from the prime resi sector as the Monetary Policy Committee votes 7-2 to increase the base rate from 0.25% to 0.5%

A 1% rise 'would add £10bn to the UK's mortgage bill', says Savills, which works out at around £930 per year per mortgaged household...

Significant proportions of the UK housing market now have little or no reliance on borrowing, says Yolande Barnes.