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Standard Variable Rate
  • A lender's standard variable rate is a variable rate of interest with a defined set of circumstances that causes the rate to change. Each lender has chosen a set of criteria on which to base their standard variable rate of interest.
   
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Think Carefully Before Securing Other Debts Against Your Home. Your Home May Be Repossessed if You Do Not Keep Up Repayments On A Mortgage Or Other Debt Secured On It.
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