Page 49 - First Direct News Today

City experts have warned of a big reset of mortgages in Britain, with just a third of borrowers on cheap fixed-term deals having come off them so far.

The average rate on a new two-year was today at 5.86 per cent - up from 5.83 per cent last Friday, 5.72 per cent last Monday and 5.33 per cent a month ago, according to financial experts at Moneyfacts.

City experts have warned of a big reset of mortgages in Britain, with just a third of borrowers on cheap fixed-term deals having come off them so far.

Santander was forced to suspend rates on new residential and buy-to-let offers today after it was flooded with applications from borrowers desperate to refinance.

The high street lender was forced to suspend rates on new residential and buy-to-let offers yesterday after it was flooded with applications from borrowers desperate to refinance.

Banks and building societies have pulled hundreds more home loans to reprice them at higher rates, fuelled by fears of further borrowing cost rises..

Somerset’s Police and Crime Commissioner PCC Mark Shelford is urging anyone who receives a call or message from somebody claiming to be from a trusted organisation and who suggests money should be transferred to hang up and dial 159.

Banks and building societies have pulled hundreds more home loans to reprice them at higher rates, fuelled by fears of further borrowing cost rises..

Money Saving Expert founder Martin Lewis has shared how fans can get their hands on as much as £200 in free cash

Money Saving Expert founder Martin Lewis has shared how fans can get their hands on as much as £200 in free cash