More than 400,000 people could see their monthly bills increase by £600-800.
The rise in mortgage rates may lead to more houses being put on the market than there are people wanting to buy them.
The Prime Minister, Rishi Sunak, has ruled out help for homeowners.
LONDON DAILY ARCHIVE
UK mortgage rates hit 6%: homeowners face steep increases as PM rules out aid
The average fixed two-year mortgage rate in the UK has reached 6% for the first time this year, causing concern for homeowners with fixed deals ending between July and September.
20 June 2023 · 18:45 UTC
