Base rate now stands at 5.25%
There's more misery for local home owners with variable or tracker mortgages or those looking to secure new fixed rate deals.
It follows today's rise in the base rate to 5.25 per cent.
Charges are also set to increase for some loans and credit cards that don't offer fixed interest charges.
In contrast savers will benefit from the rise.
Funding of government services 'not sustainable'
Chief financial officer says a review of service levels is needed
Douglas Council object to DoI plans for temporary parking on Summerland site
Department is looking to have 32 spaces available to residents and visitors
Surgeon announces he's standing in General Election
Andre Risha will be seeking a seat in the constituency of Middle
'Bridging the care gap' focus of World Parkinson's Day
We hear from Parkinson's Disease Society Isle of Man
