Going, going, gone...
Posted on 7 November 2008 by
Not since Lord Lucan performed the greatest vanishing trick of our time, has any one thing disappeared with such speed. The UK mortgage tracker market has vanished in the space of 24 hours following on from the bank rate cut of 1.5% yesterday (when all a mortgage borrower's troubles seemed so far away...)
Mortgage lenders have hit the proverbial panic button and pulled the lot, but we anticipate some re-pricing and deals will be back Tuesday/Wednesday next week. Watch this space...
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