Homeowners 'fearful' of rates rise

%VIRTUAL-SkimlinksPromo%More than one in three homeowners fear that a rise in interest rates will push them into financial difficulties, a report has warned.

Some people said they would struggle to find money for food, while others said they may have to sell up and rent as and when there was any hike in interest rates, according to the study by consumer group the HomeOwners Alliance and conveyancing provider Myhomemove.