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The Independent UK
The Independent UK
Business
Vicky Shaw

Average shelf life of a mortgage nearly halves in a month

Moneyfacts Rachel Springall
PA Archive

The average shelf life of a mortgage has nearly halved in the space of a month, according to a financial information website.

At the start of June, the typical mortgage was spending 15 days on the market before being pulled from sale, declining sharply from an average of 28 days at the start of May, Moneyfacts found.

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