Cost of living: Bank of England Governor says extreme mortgage pain will be 'limited'

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Bank of England Governor Andrew Bailey has said householders facing extreme mortgage pain will be "limited" as a result of policies put in place nearly 10 years ago.

His comments come despite the central bank warning that nearly a million mortgage holders around the country will see their monthly repayments jump by £500 or more in the coming years.

Read more here: https://news.sky.com/story/bank-of-england-sees-mortgage-burden-below-financial-crisis-peaks-12919450

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