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Longer Term Interest Rates Rise

The market has seen a rise in longer term money costs over the past month or so.  This has resulted in some of our lenders increasing their fixed rates by around 0.2% – 0.3% for 2-5 year periods.  Those that haven’t yet increased have indicated that they are likely to do so from 1st July.  Therefore if you are thinking of completing an agreement shortly you will almost certainly receive a better deal this month than in July.