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The Independent UK
The Independent UK
Business
Vicky Shaw

Fresh fears for homeowners and buyers as mortgage rates creep back up

Bank of England Moneyfacts Rachel Springall Inflation Barclays England Persimmon

Average two and five-year fixed mortgage rates have seen their first month-on-month increase since February, signalling a fresh challenge for homeowners and prospective buyers.

This uptick marks a notable shift in the lending landscape after a period of relative stability.

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