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Evening Standard
Evening Standard
Politics
Nicholas Cecil

Mortgage rates edge up after Government borrowing costs soar and Pound falls

Kwasi Kwarteng Liz Truss Nicholas Mendes Rachel Reeves

Some lenders have started “edging up” mortgage rates after the cost of Government borrowing soared and the Pound fell in value.

However, other banks and building societies are sticking with current rates as they wait to see if the City is overreacting to the economic situation.

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