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Cheltenham & Gloucester cuts rate by 0.14 per cent

Cheltenham & Gloucester has cut its base rate by 0.14 per cent bringing its base rate to 6.85 per cent. The new rate is effective from 16 April.


C&G managing director Roger Burden says: “In passing on a rate reduction of 0.14 per cent to our borrowers, C&G has maintained its commitment to home ownership but retained the flexibility to minimise the impact this rate cut will have on our investors.”

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