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On Monday there were 200 fewer residential mortgage products on the market than on Friday when the number had already dropped 300 in a week. Would-be borrowers have 4,686 mortgages to choose from, a low not seen since March 14 when 4,618 products were on offer.
The average two and five-year fixed mortgage also became more expensive on Monday, according to figures from financial information company Moneyfacts.
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