BBC News - Mortgage rates rise sharply as squeeze tightens
Major mortgage lenders are increasing the cost of home loans, with the average two-year fixed rate now close to 6%, new figures show.
A typical two-year fixed mortgage deal is currently 5.75%, up from 4.74% on the day of the mini-budget, financial information service Moneyfacts said.
"The normal rules of lending have changed," said Aaron Strutt of Trinity Financial.
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