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By: Steven MacDonald

1 Article
  • Mortgages are up but don’t get too excited

    Steven Macdonald

    What should we read into recent signs of a gradual recovery in the mortgage market? The answer is, it depends. Taking into account distortions caused by the work-from-home exodus from London and the cost of living and it looks like we may simply be returning to precedented times, says Steven MacDonald When it was announced [...]

    According to figures from the Bank of England, the 1.4m people coming off fixed-rate mortgages over the next 12 months will have to pay, on average, an extra £150 a month.

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