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Daily Mirror

Business

Sam Barker

Homeowners could save up to £3,000 by remortgaging early - but you'll have to be quick

Martin Lewis Bank of England

Homeowners could save thousands of pounds by renewing their mortgage early - but moving fast means bigger savings.

Mortgage rates are currently going up because of several hikes to Bank of England base rate.

This rate is factored in to the cost of new mortgages. Last month the Bank raised base rate to 1%, its highest level for 13 years.

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