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Half of UK borrowers see mortgage bill jump £3k per year – Mortgage Strategy

New research from Bluestone Mortgages reveals half (47%) of UK mortgage holders have seen their mortgage payments increase by an average of £234 per month in the last 12 months. This equates to £2,808 over the year. Of these mortgage holders, younger borrowers have been hit with the greatest increases of £288 per
United Kingdom Bluestone Mortgages Standard Variable Steve Seal Mortgage Affordability Interest Rates

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Weekly rate watch: Two-year fix dips | Mortgage Strategy

The average rate for a two-year fix dropped by 4 basis points to 5.78% this week, shows the final Moneyfacts rate data of the year. Meanwhile, the average rate for a three-year fix gained 5 basis points, moving to 5.91%, while the average rate for a five- and 10-year fix were static, at 5.63% and 5.47%, respectively.
Eleanor Williams Brom Building Society Skipton Building Society Building Society Nationwide Building Society Tipton Coseley Building Society

Weekly rate watch: Two-year fix sinks 16 basis points

The two-year fix led the pack in a week of rate reductions, shows Moneyfacts data, dropping 16 basis points to land at 5.84%. The three-year fix wasn’t far behind, losing 13 basis points, coming to 5.85%, and the five-year fix dropped 12 basis points, to 5.67%. Meanwhile, the average rate for a 10-year fix fell by 8
United Kingdom West Berkshire Vida Homeloans Eleanor Williams Metro Bank Teachers Building Society

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