Photographer: Matthew Lloyd/Bloomberg

BOE Says 700,000 Households May Be in `Danger Zone' on Mortgages

  • Those spending 30-50% of income on mortgage at risk of arrears
  • Blog post looks at range where financial distress might rise

As many as 700,000 U.K. households are at risk of falling in to arrears should interest rates increase, according to a Bank of England blog post.

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