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Money Box Live: Mortgage Special

Money Box

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Is There a Mortgage Time Bomb?

Nick is on the phone from Belfast. He has a five-year fixed term which comes to an end in May next year. It's really difficult to speak to a broker over here, he says. Nick: Do we stick or do we try and find something now that will cover us for two years? The 5,000-pound penalty is not something you want to rush into.

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