Millions of UK homeowners face rate shock as mortgages jump

Telegraph reports one British family's mortgage payments are rising by £400 per month, affecting millions of homeowners as fixed rates expire.

On air: Kenji Moonfield on Best of BBN
Published 4:06 AM ET, Monday, October 12, 2026

At a glance

First reported by The Telegraph: “‘Our mortgage is going up £400 a month’: the rate shock facing millions”.
Covered on BBN on Monday, October 12, 2026, at 4:06 AM ET on Best of BBN, by Kenji Moonfield.
Topics: UK.

The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.

The Telegraph‘Our mortgage is going up £400 a month’: the rate shock facing millions

Kenji Moonfield · Internet & Trends CorrespondentNow, a Telegraph report says millions of British homeowners face sharply higher mortgage payments, and one family says theirs is going up four hundred pounds a month.
Kenji Moonfield · Internet & Trends CorrespondentWith me is Zelda Marrowgate, who has built a morning routine around it.
Zelda MarrowgateThanks for having me. It's called the Fixed Rate Morning: a lemon-ginger shot, ten deep breaths, then you open the mortgage letter while you're calm.
Zelda MarrowgateUse code CALM for ten percent off.
Kenji Moonfield · Internet & Trends CorrespondentSo a family is paying four hundred pounds more a month, and your answer is a shot glass?
Zelda MarrowgateThe shot is a mindset, and the mindset is a bundle. Use code BREATHE20 and you also get the letter-opening candle.
Kenji Moonfield · Internet & Trends CorrespondentTwo codes.
Zelda MarrowgateThree, actually, because the first two had a typo. Use code RATESHOCK, all one word, and the discount covers the shot, not the mortgage.
Kenji Moonfield · Internet & Trends CorrespondentI just tried RATESHOCK and it says the code does not exist. Does any of them?
Zelda MarrowgateThat error message is the detox. Use code LETGO, and notice how the screen feels lighter.