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Together cuts rates on residential mortgages

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Specialist lender Together is cutting rates on its residential mortgages to 6.69 per cent.

The rate cut applies to all Together’s products and represents a drop of 2.9 per cent on shared ownership mortgages and 1.15 per cent on right-to-buy plans.

The lender is also increasing all its maximum loan amounts from £150,000 to £200,000.

All cases from 13 January will be issued under the new criteria.

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