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Evening Standard
Evening Standard
Vicky Shaw

Flurry of mortgage rate hikes in more ‘unwelcome news’ for homeowners

Moneyfacts Inflation Bank of England Nationwide Building Society

Mortgage borrowers looking for a new deal will have some “unwelcome news”, a website has warned, as it saw a flurry of lenders reveal hikes to their rates, pushing up average fixed rates for homeowners to choose from.

Financial information website Moneyfacts said that it had seen several lenders adjust pricing on their fixed deals, including First Direct, Coventry Building Society, Yorkshire Building Society and Nottingham Building Society.

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