The society has announced a number of rate reductions as well as withdrawing two 3-year products as it continues to adapt its offering to market demand.
Related topic: Rates
Tom Bill, head of UK residential research at Knight Frank, looks at the likely impact felt by borrowers coming off fixed-rate deals agreed some time ago on better terms.
Interest rates have been held by the Bank of England at 5.25% since August 2023, with predictions mounting that they will finally begin to fall later this year.
The lender has announced fresh rate reductions and new products across their residential mortgage range, furthering their support for brokers to help customers navigate affordability...
Swap rates have fallen for five consecutive months, indicating that lower mortgage rates on the horizon, according to Octane Capital.
The specialist buy-to-let lender has reduced its fixed rates by up to 39bps as interest rates continue to stabilise.
Landbay’s latest rate reductions are its second in just over a week as swap rates continue to fall.
Saffron for Intermediaries has announced that it has increased the maximum loan size on its Self-Build Large Loan and Residential Large Loan products - the latest in a series of...
The bank announced this morning that it has further reduced rates on selected Prime and Near Prime products.
Soaring interest rates continue to fuel concern among homeowners, with 80% surveyed who have a mortgage worried about their ability to afford their outgoings over the next year.
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