Over the last year, interest rates have increased from historic lows. Fixed-rate mortgage payers that have been shielded from the rises so far could find their outgoings rise if their deal ends in 2023. The Bank of England increased its base interest rate several times over the last 12 months to tackle high levels of inflation. For savers, it’s been good news, as interest rates on savings accounts have started to rise after more than a decade of being low. However, for borrow