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"More than one million UK homeowners have seen the cost of their mortgage payments jump as lenders, including two state-backed banks, raise borrowing costs.
Halifax, the Co-operative Bank, Clydesdale Bank and Yorkshire Bank are all raising their standard variable rate (SVR), the amount charged by lenders when borrowers come off a fixed-rate deal, from the beginning of May."
http://news.sky.com/home/business/article/16219481Ignorance is bliss, bliss is happiness, I am happy...to draw your attention to the possible connectivity in the foregoing.