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Northern Rock raises its fixed mortgage rate

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  • Northern Rock raises its fixed mortgage rate

    In defiance of the Government’s call for banks to cut rates and start lending again, Northern Rock has increased the costs of its most competitive home loans.The state-owned lender, which was nationalised in February, has raised the cost of some of its new fixed-rate mortgages by up to 0.3 of a percentage point, which adds [...]

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