Typical new mortgage costs soar £788 a year in two weeks

Typical new mortgage costs soar £788 a year in two weeks

Lenders have hiked rates on new deals and withdrawn products as war creates uncertainty in the markets.

Moneyfacts data shows the average two-year fixed rate has jumped from 4.83% at the start of March to 5.28% now, its highest since last April. For those looking for a five-year deal, the average rate… [+808 chars]
Typical new mortgage costs soar £788 a year in two weeks - FHMnews