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Nationwide Building Society will extend its range of sub-5% home loans when its latest round of price reductions come to market tomorrow. The mutual says it will cut selected tracker rates by up to 40 basis points, and fixed-rate remortgage deals by up to 25bps, taking its lowest rate to 4.99%. It already offers
Lenders have continued to cut their mortgage rates at pace this week, with several more high street names bringing out deals below the 5% mark.
There has been a ‘flurry of activity’ in the mortgage market this afternoon with three more lenders repricing their rates. MPowered, Clydesdale Bank and Halifax Intermediaries all followed Barclays in reducing rates today. Clydesdale Bank is reducing selected rates and launching new customer products tomorrow. New
Homeowners are missing out on falling loan rates because lenders have raised their fees, research revealed yesterday.
Barclays has announced it will be reducing rates across its residential, remortgage, buy-to-let and reward range of products from tomorrow. It is the second time it has cut rates in the space of a week since the Bank of England made the surprise decision to freeze the base rate. The lender’s residential remortgage