Hundreds of mortgage deals have vanished from the market as a fall in the value of the value of the pound led to forecast of higher interest rates.
Ten lenders including Clydesdale Bank and the Scottish Building Society have said they are pulling and tweaking deals.
That is 1,719 fewer than were available at the start of December 2021 before the first of the series of Bank of England base rate increases. UK interest rates were increased to 2.25% last week - the seventh time in a row the Bank of England has raised rates in an attempt to get control over rising prices.
“The market remains considerably volatile so it’s vital consumers seek independent advice to assess what their best options are right now.”
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