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Mortgage costs biggest challenge for homeowners, says Halifax

Source: BBC

Mortgage costs are still the biggest challenge facing homebuyers and those coming to the end of fixed-term deals, the UK's biggest mortgage lender has said.However, the squeeze caused by higher interest rates is likely to ease gradually as incomes rise and house price growth remains subdued, said Amanda Bryden, the head of mortgages at Halifax.According to the lender's latest figures, the average UK house price…

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Read the original source at BBC