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C&G closes four mortgages

Cheltenham & Gloucester will withdraw its 6.49 per cent and 6.69 per cent seven-year fixed-rate mortgages and its 6.79 per cent and 6.99 per cent six-year capped-rate mortgages at the close of business today.


The mortgages were launched last September and all funds have been fully allocated.


The free legal fees offer on all C&G re-mortgages ends on 22 October.


Portman Building Society is reducing its standard variable mortgage rate by 0.2 per cent to 8.55 per cent for both new and existing customers from November 1.


Wesleyan Home Loans Ltd has reduced its interest rates by 0.26 per cent to 8.59 per cent on its variable-rate mortgage and introduced five year fixed-rates and four year capped-rates.

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