Cheap mortgages soon a thing of the past

Sarah Coles
Updated
Lord Mayor's Dinner For The Bankers And Merchants Of The City of London
Lord Mayor's Dinner For The Bankers And Merchants Of The City of London

Mortgage lenders are withdrawing their cheapest deals, in the wake of the Bank of England's talk of raising interest rates. Mark Carney, the Bank's Governor, warned at the end of last week that interest rate rises were on their way - and could hit before the end of the year. Some mortgage companies have responded by axing some of the most competitive deals.

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