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Can you save £1,000s on your mortgage?
Interest rates in the UK are at a 325-year low, at 0.1%. In normal times, that’d mean super-cheap mortgages, yet we don’t live in normal times. Lenders have toughened up their acceptance criteria, so rates are cheap, but tough to get. And many are struggling to pay, so the regulator has confirmed another three-month extension to mortgage payment holidays. All in all, there’s a lot to think about, but get it right and savings could be huge…
