About 1.6 million existing borrowers have relatively cheap fixed-rate deals expiring this year.
Santander, Coventry Building Society and TSB all raised rates on new fixed deals earlier in the week. However, there are signs of lenders failing to settle on where rates should be set. Halifax, part of Lloyds Banking Group, is cutting the rates on some of its deals on today (23 Feb).
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Source: BBC News
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