Single borrowers are nearly twice as likely to ignore Bank of England base rate movements than couples, research by Intelligent Finance shows.
The survey commissioned by IF found that 54% of singles say they won't take any notice of the Monetery Policy Committee's decision in January, compared to only 28% of people who are married or living with a partner.
These figures compare to an average of 34% across all mortgages borrowers.
Nearly half of all those married or living with a partner are worried about the impact of a potential rate change, while 39% of couples say they are "fairly" worried.
A further 8% of those in couples are "extremely" concerned.
Meanwhile, of singles questioned 30% and 1% say they are "fairly" or "extremely" worried respectively.
Cammy Amaira, director of sales at IF, says: "It seems that the image of the care free single is certainly true where mortgages are concerned.
"But, regardless of whether you are single or in a relationship, making your money work harder for you by choosing the right mortgage should be a priority."
Source: Mortgage strategy |
