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The Independent UK
The Independent UK
Business
Vicky Shaw

Record 88% of homeowner remortgage deals in April were with existing lender

UK Finance
PA Archive

A record proportion of homeowners stuck with their existing lender to remortgage in April amid rising rates, according to industry figures.

Nearly nine in 10 (88%) residential remortgage deals in April were done with the borrower’s existing lender, marking a high in UK Finance’s records going back to the start of 2018.

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