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The Independent UK
The Independent UK
National
Archie Mitchell

Relief for homeowners and buyers as lenders cut mortgage rates

The Bank of England Nationwide NatWest TSB Virgin Money
PA

Mortgage holders and first-time buyers received a fresh boost as lenders continued cutting rates – with some fixed deals now available below 5 per cent.

A day after the Bank of England brought an end to a devastating series of interest rate hikes – holding the base rate at 5.25 per cent – lenders including NatWest, TSB, Nationwide and Virgin Money cut mortgage rates.

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