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Evening Standard
Evening Standard
Vicky Shaw

Major lenders poised to reduce mortgage rates on Friday in ‘encouraging’ move

HSBC UK is poised to make a wave of mortgage rate reductions on Friday (Charlotte Ball/PA) - (PA Archive)

Average mortgage rates appear to have reached a plateau, according to a financial information website, with several high street lenders making reductions this week.

HSBC UK is poised to make a wave of reductions on Friday, including for first-time buyers, home movers and people remortgaging.

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