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The TimesNinety-five percent of new UK mortgages taken out in March were fixed for five years or less. Homeowners in the US and parts of Europe more commonly select fixed-rate loans lasting 15 to 30 years.
Substrate placeholder — needs reviewThe number of prospective homebuyers in the UK decreased in March, according to data from the Royal Institution of Chartered Surveyors. This decline followed disruptions in the mortgage market linked to Middle East conflict. The report highlights a shift in buyer sentiment amid e…