Summary
THE death knell was sounded for the cheap fixed mortgage last night as Britain's biggest lender raised rates by up to 0.5 per cent.
Halifax - which provides one in five new mortgages - pushed up the cost of more than half of its fixed-rate deals.See the full content of this document
Extract
End of the Mortgage ; Halifax Becomes Last of Big Four Lenders to Hit Homeowners with Punishing Rate Rises
It became the last of the 'Big Four' to impose massive rate rises on cashstrapped homeowners this week.
In January, it was possible to get a two-year fixed rate mortgage with theHalifax at 5.59 p...See the full content of this document
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