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Lenders increase cost of fixed-rate mortgages

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  • Lenders increase cost of fixed-rate mortgages

    Three mortgage lenders have raised the cost of their fixed-rate mortgages as banks find it increasingly difficult to finance loans.Bradford & Bingley has increased the cost of its fixed-rate residential mortgage by between 0.5% and 0.7%. This is the second increase imposed by the building society in 20 days.A two-year fixed deal from First Direct [...]

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