Claims extracted
15
sentences that state something as happening or true
Uncertain
33%
5 of 15 hedged
("reportedly", "may", "according to")
Leaning
withheld
no quote in the article backed the model's score
Publisher signals
64/100
Evening Standard's corrections and
hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
1
Economy/Business
Same framing elsewhere
1
articles that frame the event the way this one does
If this happens, Londoners would be particularly exposed to rising mortgage bills as many of them have had to take out big home loans to buy a property.
asserted
many → happen → property
Caitlyn Eastell, personal finance analyst at Moneyfactscompare.co.uk, told The Standard: “When mortgage balances are larger, even a relatively modest rate increase can add a significant amount to monthly repayments.
asserted
increase → tell → repayments
“On a two-year fixed rate, borrowers could expect an average of 5.83%, which would lead to monthly repayments of around £2,218 on a typical £350,000 loan over 25 years.
uncertain
which → fix → years
“However, money markets are pricing in several rate hikes, to around 4.75%, which would add around £217 extra each month (£2,604 a year) if they locked in at a significantly higher 6.83%.
asserted
they → price → %
“For households that may already feel stretched by higher living costs, that is far from insignificant.”
uncertain
that → feel → costs
She added that homeowners with a mortgage of £250,000 with a term of 25 years could see a rise of £155 in their monthly bill, if there are four interest rate rises of 0.25 percentage points, and of £279 a month for a home loan of £450,000.
uncertain
homeowners → add → 450,000
The US president has for months been trying unsuccessfully to strike a deal with Tehran to end the conflict which has sparked economic turmoil around the world, pushing up inflation, fuel prices and hitting the living standards of millions of people in America, Britain and other countries.
asserted
which → try → America
In London, the Bank of England’s MPC voted 6-3 to maintain bank rate at 3.75%, repeating July’s split.
But the unchanged vote concealed a shift within the majority.
asserted
vote → vote → majority
Five of the six members who supported a hold explicitly outlined circumstances that could lead them to vote for interest rate rises, as the prolonged Middle East conflict pushes energy prices and the near-term inflation outlook higher.
uncertain
conflict → support → prices
Experts pointed to rises in fixed mortgage rates in recent weeks and a “price sensitive” housing market where buyers are being mindful of their costs.
asserted
buyers → point → costs
The average five-year fixed-rate homeowner mortgage on the market was at its highest level since November 2023 on Thursday, according to financial information website Moneyfacts.
uncertain
mortgage → fix → Moneyfacts
It said the average five-year fixed homeowner mortgage rate on Thursday was 5.87%, jumping from 5.81% on Wednesday.
asserted
rate → say → Wednesday
Several lenders have hiked fixed mortgage rates in recent weeks amid rises in swap rates, which are used to price mortgages.
asserted
which → hike → mortgages
Susannah Streeter, chief investment strategist at Wealth Club, said: “Fixed mortgage rates are guided by swap rates, which reflect expectations for where interest rates are heading, rather than simply where (the Bank of England base rate) stands today.
asserted
rate → say → England
“With markets still pricing in further rate hikes, swap rates have been pushed higher, and lenders have already been raising some fixed mortgage rates.”
JPMorgan analyst Allan Monks said the Bank of England is “gearing” up to hike and sees rate increases in November and next February.
asserted
Bank → price → November
The Aporia
