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Mortgage lenders increased fixed rates

TWO of the UK's biggest mortgage lenders have announced they are increasing the cost of their fixed-rate mortgage deals following steep rises in wholesale funding costs.

Cheltenham & Gloucester is repricing its entire fixed-rate mortgage range offered through intermediaries from today.

Halifax, which is also part of the Lloyds banking Group, is raising the cost of selected fixed-rate mortgages available through intermediaries from tomorrow. The two lenders declined to say by how much they were hiking their rates.


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Thursday 24 May 2012

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