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Evening Standard
Evening Standard
Business
Daniel O'Boyle

‘The gloves are off’: More lenders join mortgage rate price war

Hope for homeowners and prospective buyers continued to grow today as First Direct and TSB were among the latest lenders cutting rates, while Halifax announced reductions for more of its mortgages.

Prices have tumbled to start the year, amid increasing expectations that the Bank of England should soon be in position to cut its interest rates.

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