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How the U.K.’s short-term fixed-rate mortgages are causing deep worry

by Stephen Beard

Oct 26, 2022

The recent firestorm over the British government’s fiscal policies highlighted the vulnerability of some mortgages in the United Kingdom.

Brits typically fix their mortgage interest rates on two- or five-year terms. Many are fearing refinancing because of the recent spike in U.K. interest rates.

Niklas Halle'n/AFP via Getty Images

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