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It follows a host of cuts so far this year including last week when HSBC, Natwest, Metro Bank, TSB, Santander, Coventry and Skipton all lowered rates.
Tens of thousands of businesses are on the brink of collapse as higher borrowing costs and taxes pile pressure on the economy.
It follows a host of cuts so far this year including last week when HSBC, Natwest, Metro Bank, TSB, Santander, Coventry and Skipton all lowered rates.
Bold interior trends, falling borrowing costs and new opportunities for first-time buyers will bring colour and life back into the property market in 2024.
With more lenders cutting rates, mortgage broker Ranald Mitchell, of Charwin Private Clients, said the “unprecedented rate war is well underway” noting that “seismic moves” were to be expected in the coming months