Money Tips Daily By Charles Kelly, Former Ifa And Author Of Yes, Money Can Buy You Happiness.

The Bank of England have hiked base interest rates for the 13th time by 0.5% to 5% causing more misery and pain for beleaguered homeowners and further downward pressure on house prices.   How To Develop A Millionaire Mindset - Free training webinar: 3 Steps To Success Money Management and Financial FREEDOM!...register now below to avoid disappointment. ⁠https://bit.ly/3QPp8IH⁠   The governor of the Bank of England, Andrew Bailey, said they have not ruled out further interest rate rises, pouring further anxiety on homeowners already struggling to meet the payments and cope with higher food prices and living costs.   Watch full video - ⁠https://youtu.be/Xw8cYNnlrn4⁠   The markets are already factoring in a base rate of 6%, which would be disastrous for mortgages and house prices as borrowing becomes unaffordable for residential and buy-to-let property investors.    Buy-to-Let property deals no longer stack up at higher rates.   The average 5-year fixed rate mortgage is near 6%, but some borrowers were alread