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UCB raises fixed rates

Nationwide specialist lender UCB Home Loans is increasing rates on its fixed rate products by up to 0.2 per cent from today, following increases across the fixed rate mortgage market.

The changes will see fixed rate mortgages of 6.39 per cent for two years, 6.59 per cent for three years and 6.79 per cent for five years.

UCB Home Loans managing director Charles Reed says: “I am pleased to confirm that, at a time when mortgage lenders are withdrawing their fixed rates, we are continuing our presence in the market.”

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