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Daily Mirror
Daily Mirror
Business
Ruby Flanagan

Banks and building societies NOT hiking mortgages after rate rise - see full list

A handful of banks and building societies will not be upping the rate on their mortgage products after the interest rate rise.

Yesterday the Bank of England increased its base interest rate for the thirteenth time by 0.5 percentage points taking it from 4.5% to 5%.

The move is another blow to people with mortgages as the cost of their homes may increase even more as these are usually linked to the base rate.

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