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Uk Fixed Rate Mortgages Creeping Up

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"The cost of fixed rate mortgages is creeping up, according to analysts who suggest homeowners can expect to pay £750 more over three years.

Rachel McKay, mortgage analyst at moneyfacts.co.uk says: "Over the past few months we have seen many lenders tweaking their fixed two and three-year ranges, mostly with minor rate increases of 0.10%. Over the last week our researchers have seen lenders step up a gear, increasing rates on three-year deals by up to 0.31%" (0.31% adds £900 over three years)

(Miles Brignall)

Edited by gruffydd

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Actually this would be an extremely interesting thing for HPC to track... does HPC have the resources to keep an up to date average of the different mortgages rates graphed on the website?

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  • 302 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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