Property News · May 17, 2024

Three UK banks announce cuts to cost of fixed-rate mortgages


Barclays Bank, HSBC and TSB reveal reductions, reversing some of price rises seen in recent weeksThree UK banks have announced cuts to the cost of fixed-rate mortgages, reversing some of the price rises seen in recent weeks.Barclays Bank has announced it will reduce the price of five-year fixed-rate deals for new borrowers and remortgagers by up to 0.45 percentage points from Friday. Its five-year fixed-rate for borrowers with a 40% deposit is decreasing from 4.47% to 4.34%. Continue reading…

Source : theguardian.com
Read more…Three UK banks announce cuts to cost of fixed-rate mortgages