Other mortgage lenders are tipped to follow, says one mortgage expert.
Read MoreTwo major banks CUT mortgage rates after inflation stalls
Tag: bank of england
When will UK interest rates fall again?
The Bank of England has held interest rates at 4%, as it seeks to tackle inflation, which remains well above its 2% target.
Read MoreNationwide cuts mortgage rates despite Bank of England’s decision to hold
First-time buyers stand to benefit the most from these latest cuts.
Read MoreInterest rates held at 4%: Will it impact savings and mortgages?
The Bank of England has held interest rates at 4% offering some relief to savers and disappointment for borrowers.
Read MoreWhen will UK interest rates fall further? Latest Bank of England predictions
The Bank of England’s next interest rate meeting will take place on 18 September. With inflation on the rise, experts are anticipating no change to the base rate.
Read MoreLenders raise mortgage rates ahead of interest rate decision
Best UK mortgage deals of the week, 11 September.
Read More‘Shock’ in store for 350,000 UK households on low-interest fixed-rate mortgages
Those on typical £200,000 mortgages taken out between October 2020 and February 2023 may see costs jump by £3,996 a year this winter.
Read MoreUK house prices in surprise fall amid high mortgage costs
Average price for a home drops by 0.1% to £271,079 in August compared with July, according to Nationwide.
Read MoreBrokers expect two rate cuts over next six months: Landbay
More than half of mortgage brokers (52%) expect at least two cuts before the end of February 2026, according to a survey from Landbay.
Read MoreBarclays cuts mortgage rates as other lenders raise theirs amid higher inflation
Best UK mortgage deals of the week, 21 August.
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