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Blowest for new mortgaged borrowers
warning some beforrowers, coming to the end of their deals are finding their repayments rising with an interest rate of as much as 10%, according to aaron strutt, of chase de govere mortgage management .
abbey has confirmed th at it is keeping, but they interest rated on all of its tracker mortgages for new borrowers unchanged, in spite of a half a percentage point cut in the main bank of england interest rate on wednesday .
the number of mortgage products available to new borrowers hit its lowest figure since the start of the credit crunch, accord
beforrowers are advised sto check with their mortgage lender what rate they will pay once their current deal expires, said mr strutt .
Generated 2008-10-12_17:2
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