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The financial institution wil dramatically reduce rates for the a few and you will four-seasons fixed rates to have household buy and you will remortgage, in addition to first time client, mutual control and you can mutual security sale. The fresh costs was go on the lender’s website tomorrow early morning. Across the country has made cuts as high as 0.step three fee items round the its home-based assortment to buy and you can remortgage. It’s offering a market-best four-season fixed buy rate away from cuatro.18% to own borrowers that have a 40% dollars put.

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To possess a smaller sized payment away from £step one,999 the same speed are 6.59% for 2 many years or six.09% over five years (in addition to 75% LTV). Fixed rates on the the equipment transfer selling to own current people tend to also be shorter. Meanwhile the brand new mutual are reducing get-to-assist repaired rates for the new and you can current borrowers. Dependency Bank have slashed costs to your their mortgage loans to own secret experts by the up to step one.09 payment things.