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Evening Standard

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Jon Weeks and Rachelle Abbott

The Leader podcast: Are we on the verge of a serious mortgage crisis?

Are we on the verge of a serious mortgage crisis?
(Picture: PA Archive)

Halifax has raised its average two-year fixed-rate mortgage deals to just under 6%, meaning higher monthly bills for home-owners.

Just a couple of weeks ago, on the day of the Chancellor’s mini-budget announcement, average rates sat at 4.74%.

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