9 Articles
9 Articles
HSBC, Barclays, Lloyds: Lenders bank on interest rate cut as mortgage ‘price war’ heats up
Top UK lenders are offering more mortgages to prospective house buyers, the Bank of England has revealed, as falling interest rates stir up a “price war” on the high street. The Bank’s credit conditions survey revealed that the burgeoning supply of mortgages would come against a levelling off in demand in the three months to May. More homeowners are also expected to remortgage as homeowners rapidly respond to the Bank’s rate-cutting, which cou…
Santander and HSBC slash rates as borrowers to cash in on ‘summer mortgage war’
HSBC and Santander have joined other mortgage lenders including Virgin and The Mortgage Works by cutting their rates. Mortgage brokers say they expect more high street lenders, such as the Halifax and Nationwide, to cut rates soon, with one claim “it’s starting to feel like we could have a price war through the summer months”. From Thursday Santander will reduce mortgage rates by up to 0.21 percentage points while HSBC has cut some of its rates …
Santander cuts mortgage rates by up to 0.21% and reintroduces sub-4% deals - IFA Magazine
Santander UK has announced that, from Thursday 17 April, it is reducing interest rates across its mortgage products including its home mover, first-time buyer, new build, remortgage and buy to let range. The new pricing reflects the recent reduction in SWAP rates and sees the lender reintroduce sub-4% rates to its home mover offering. Examples of the new products and rates include: Home mover All two, three, and five-year fixed rates reduced by …
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