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• Nationwide Building Society, TSB and Virgin Money have all announced plans to cut mortgage rates in what will be welcome news for borrowers.
• These games are set in Ancient Egypt and are inspired by the people, the pharaohs, and the artifacts of the time.
• The current average SVR of 7.15percent compares to an average of 3.88percent in December 2021, before the Bank of England Bank Rate started to climb.
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It is likely to mean interest rates will remain higher for longer, with a rate cut by the Bank of England now more likely in the autumn rather than June, as had been hoped. Swap rates – the rates at which banks and building societies lend to each other – increased at the end of last week in response to the latest inflation figures. This has fuelled market expectations of an interest rate cut this summer. However, inflation may not have fallen enough for an early interest rate cut by the Bank of England next month. The news comes as fellow mutual Nationwide building society, Britain’s biggest, has moved a step closer to securing its takeover deal with Virgin Money.

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The same deal for home purchase is 5.04percent with a 995 fee and 500 cashback. At the same time selected fixed rates at 60percent and 75percent LTV have also been cut by up to 0.48 percentage points. Accord, part of Yorkshire building society, is cutting selected BTL fixed rate deals by up to 0.4 percentage points, effective from tomorrow .

June: First Mortgage Deals Launched Under Help To Build Equity Loan Scheme

The mortgage, available exclusively to first-time buyers, pays the 2,000 cashback when borrowers take out selected five-year fixed rate products at 90percent to 95percent LTV. However, recent rate cuts will be cold comfort to the customers of an estimated 2.4 million fixed rate deals which end between summer 2023 and the end of 2024, according to UK Finance. The lenders follow in the wake of HSBC, Barclays, and NatWest, all of which cut the cost of fixed rates in recent days and weeks – see story below. Two, three and five-year fixed rates have also been cut for home movers and first-time buyers. The two-year fixed rate for new customers moving home (60percent LTV) is now 6.14percent, down from 6.34percent.

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Kirill is Mr. Gamble’s Content Creator with a passion for writing. Being fan of gaming himself, he wants to make sure that everybody gets a fair playing experience… On Mr. Gamble, you’ll find casino reviews from both your fellow players and casino experts. To get started, choose a casino from our list of recommended options and select a few that catch your interest. Played with one or more decks of 52 cards, online blackjack pits you against the dealer. The object of the game is to score as close to 21 as possible without going bust.

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