MortgagesMay 25 2023

‘Tidal wave’ of uncertainty as lenders pull products

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‘Tidal wave’ of uncertainty as lenders pull products — Mortgage experts have said lenders behaviour over the last two days has had "shades of October" and the weeks following the "mini" Budget when lenders pulled hundreds of mortgage products from the market (Mary Turner/Bloomberg)

ByJane Matthews

A number of specialist mortgage lenders have pulled products as a result of market uncertainty, with experts warning that high street lenders may follow suit next week if swap rates continue to rise.

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