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Daily Record
Daily Record
Politics
Andrew Quinn

Scots face highest mortgage rates since global financial crisis

Scots are facing their highest mortgage rates in 15 years after they rose again on Tuesday.

The average two-year fixed-rate residential mortgage is now even higher than it was after Liz Truss' disastrous mini-budget.

This means that Scots going onto new mortgage deals are likely to pay hundreds of pounds more a month, according to bank bosses.

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