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Five-year mortgage deals are expected to hit their cheapest level as rates continue to get better.

With a bumper crop of mortgages, worth £24.1 billion, coming to an end in October, experts say borrowers can lock into a “best ever” deal before Britain leaves the EU.

Aaron Strutt, of Trinity Financial, told The Times: “The top lenders are really putting the squeeze on smaller providers, using their financial muscle to offer the cheapest fixed rates. This is good news for borrowers.”

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