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UK lenders slash mortgages as Bank of England rate cut brings relief to homeowners

Summary by CNBC
UK lenders have begun slashing their mortgage rates in a sign that financial pressure on households may be easing after the Bank of England cut interest rates

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UK lenders slash mortgages as Bank of England rate cut brings relief to homeowners

UK lenders have begun slashing their mortgage rates in a sign that financial pressure on households may be easing after the Bank of England cut interest rates

·United States
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CNBC broke the news in United States on Friday, August 2, 2024.
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