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We had to remortgage before rates fell – it doubled our repayments overnight

When Lucy Weston bought her first flat, she could not have been more delighted with the experience. She loves her two-bedroom Art Deco home, enjoyed fixing it up, and her £885 per month mortgage payments were only marginally more than she had been paying to rent a room in a shared house.

Tread carefully on stamp prices, business minister tells Royal Mail

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