The rising cost of fixed rate mortgages continues as the average five year fixed rate mortgage hits 6.00%, the highest level since 22 December 2008.
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Nationwide Building Society announces that it is launching a new product range, for mortgages which is now available.
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Fix rate mortages may be about to get a lot more expensive once the UK’s base interest rate starts to rise again according to Moneysupermarket.com.
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Take up of fixed-rate products increased further as the interest rate cycle has now reached its floor, according to new data from the Council of Mortgage Lenders.
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In June, the UK property industry received its fourth Housing Minister since the start of 2008 - the ninth person to hold the position in twelve years of Labour Government.
