Ten Things You Need to Know Today: Saturday 25 Jul 2015

1. Lenders prepare to scrap best mortgage deals

Banks and building societies are to begin withdrawing their best mortgage deals next week, reports the Daily Telegraph. As home owners rush to beat the expected rise in interest rates this winter, two of Britain's biggest lenders, Barclays and Santander, are planning increases for Monday and Tuesday that will add hundreds of pounds to the cost of new loans.

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