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Evening Standard
Evening Standard
Vicky Shaw

Average 'shelf life' of a mortgage is just two weeks — the shortest period seen in more than two years

Moneyfacts Donald Trump Rachel Springall Bank of England

The average “shelf life” of a mortgage has fallen to just two weeks — the shortest period seen in more than two years — according to a financial information website.

By the start of March, mortgage products were typically sitting on the market for 14 days before being withdrawn, Moneyfacts found.

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