Small lenders dominate mortgage best buy lists

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Mortgage customers seeking to cope with rising interest rates should think small, according to research from online mortgage company mform.co.uk.

Smaller building societies currently dominate the best buys for all two, three and five year deals based on the total cost customers would pay including monthly repayments, fees and charges. The analysis shows for each category of two-year, three-year and five-year deals, smaller building societies make up at least eight out of the top 10. The only High Street name to make the top three in any of the categories is Alliance & Leicester with a five-year discounted variable deal offering an initial rate of 5.13%. The results show building societies including Beverley, Darlington, Earl Sh...

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