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The Guardian - UK
The Guardian - UK
Business
Rupert Jones

UK mortgage deals: how to navigate the rollercoaster rates ride

Brightly coloured terrace houses in Bristol, UK
The availability of mortgage deals has improved. Photograph: Steve Taylor ARPS/Alamy

We are in the grip of a mortgage price war, according to some experts – but it probably won’t feel like that if you are staring down the barrel of much higher monthly payments.

It is certainly fair to say that rates on new mortgages have been on a rollercoaster ride in recent months. Last September’s disastrous mini-budget helped push the price of many new fixed home loan deals above 6%.

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