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The Independent UK
The Independent UK
Business
Vicky Shaw

UK mortgage shelf life dips amid market uncertainty

Moneyfacts United Kingdom Rachel Springall

The average lifespan of a mortgage product on the market has plummeted to just two weeks, marking the shortest period seen in over two years, according to new data from financial information website Moneyfacts.

By the beginning of March, lenders were typically withdrawing mortgage deals after only 14 days.

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