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Evening Standard
Evening Standard
Business
Jonathan Prynn

Mortgage rates shoot up and deals are pulled in worst crisis since Truss mini-Budget

HSBC Inflation Moneyfacts

Britain’s mortgage market is in the throes of its worst turmoil since Liz Truss’s mini-Budget with rates soaring and lenders scrapping hundreds of deals.

Latest figures from analysts Moneyfacts show that 472 residential mortgage products have withdrawn from the market have been withdrawn in the past 48 hours.

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