Mortgage rates cut to less than 5pc at 'big six' banks
Britain’s six largest mortgage lenders are now all offering mortgage rates of less than 5pc after a fall in inflation.
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Britain’s six largest mortgage lenders are now all offering mortgage rates of less than 5pc after a fall in inflation.
One of the biggest impacts of rising inflation has been increased mortgage rates, so many homeowners will be asking whether they will now get some respite.
Lenders including Yorkshire Building Society, Virgin Money, the Bank of Ireland and Barclays are all offering sub 5% rates, in welcome news for homeowners coming up to a remortgage deadline.
Lenders including Yorkshire Building Society, Virgin Money, the Bank of Ireland and Barclays are all offering sub 5% rates, in welcome news for homeowners coming up to a remortgage deadline.
Fixed-rate mortgages are on track to near 4pc by the end of the year as lower-than-expected inflation figures fuel optimism for homeowners.