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Some mortgage rates have been hiked over the past month, despite August’s base-rate cut, while “frustrated” savers have seen rates tumble, according to a financial information website. The Bank of England kept the base rate on hold at 4 per cent on Thursday, after having previously made a 0.25 percentage point reduction from 4.25 per cent to 4 per cent on August 7. ‌

Around 900,000 fixed-rate mortgage deals are due to expire in the second half of 2025, according to figures from UK Finance , with 1.6 million fixed deals having ended or due to end across the whole of the year. ‌

Financial information website Moneyfactscompare.co.uk said that while last month’s cut in the base rate was followed by a “cascade” of savings rates cuts, there was little movement generally in

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