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The Independent UK
The Independent UK
National
Vicky Shaw

Cash-strapped homeowners urged to look for cheaper mortgage deals as rates rise

PA Wire

Cash-strapped homeowners are being urged to see if they could switch and save on their mortgage after the Bank of England raised the base rate from 0.5% to 0.75%.

The latest increase is the third in recent months, following previous hikes from 0.1% to 0.25% and then to 0.5%.

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