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The Independent UK

Business

Vicky Shaw

Lending giants hiking mortgage rates and withdrawing products

David Hollingworth Rachel Springall LC Mortgages Virgin Money

PA Wire

Lending giants are hiking their mortgage rates and withdrawing products following the market turmoil prompted by Friday’s mini-budget.

HSBC UK said it has removed its “new business” residential and buy-to-let products from sale, but all its products and rates for existing customers remain available.

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