The Caithness Business Index has posted the following article:

Mortgage Shelf-life Plummets And Lenders Hike Rate

Moneyfacts UK Mortgage Trends Treasury Report data reveals the average shelf-life of a mortgage product plummeted to 15 days, with lenders increasing fixed rates. Average mortgage rates on the overall two- and five-year fixed rate deals rose, breaking six months of consecutive cuts. [Read Full Article]