Summary
The financial institutions are expecting interest rates to rise. When and what's expected?

Loans. Mortgages. Credit cards. Interest rate rises around the corner.

Financial traders in the City are expecting interest rates to rise by half a percent by the end of this year. These days the Bank of England prefers to make a series of small changes to interest rates rather than one large change, so watch out for the first 0.25% rise around August time