It is worth looking at the option of fixing your mortgage now before the base rate starts to rise and the demand out strips the supply of fixed rate mortgages and prices are pushed up as a result.
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Are Mortgage Lenders keen to lend again? Some Standard Variable Rates are high - it is now worth looking at re-mortgaging for many borrowers. Some lenders are offering a tracker rate with the option to switch to a fixed rate during the product period!
How much of a benefit is the reduction of Stamp Duty for First Time buyers? Are you eligible for this and if not what can be done about it?
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