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Product sales now vary from 4.49% with a great £step one,499 fee (60% LTV) more than a couple of years and you may out of cuatro.04% more than 5 years at the same LTV. The fresh move, which agents called ‘inevitable’ observe Santander, and this removed the fresh plug to the their sub-4% remortgage package to your Tuesday . It comes down in the midst of a good flurry out of rate modifications away from opponent lenders, along with revealed today. Lenders is actually addressing an upswing within the ‘swap’ cost, the newest rates at which the banks lend to one another and which dictate repaired-rates borrowing charges for people.
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January: Halifax Meets Set of Lenders Refreshing Mortgage Offers
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