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Halifax has told brokers it will be cutting rates on home mover and first-time buyer products by up to 19 basis points on Friday. The lender says it will be making the reductions on two and five-year fixed rates. John Charcol mortgage technical manager Nicholas Mendes says it is welcome news after official data today
John-charcolNicholas-mendesMortgage holders who've cut payments by £480 could face £480,000 bill
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