Broker network Stonebridge says its mortgage applications rose by 7% year-on-year in October, while lender competition forced average rates down by 21bps to 4.43%. Stonebridge’s latest Mortgage Market Briefing says the typical loan size in October fell to £195,068 compared to last October’s £197,200. Stonebridge…
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Stonebridge hails higher mortgage applications and ‘aggressive’ rate cuts