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The current answer to the OP's question, according to Sunak's statement this morning, would appear to be 'NOTHING'.

I had a mortgage in the 80s/90s and, whilst I remember the high interest rates being a worry, it never felt overwhelming. As others have said, wage increases were higher and the mix of capital/interest payments helped. Also, I'm not sure there were so many fixed rate deals. I was on variable so...