Read on to find out when your mortgage lender will reduce its rates.
Read MoreBarclays, HSBC and Nationwide reduce mortgage rates after Bank of England interest cut – see the full list
Tag: rate cut
Britain’s biggest mortgage lender expects three interest rate cuts this year
The boss of Britain’s biggest mortgage lender has told Sky News he expects three interest rate cuts this year, bringing some relief to borrowers and mortgage holders.
Read MoreMortgage borrowing at near two-year high as interest rate falls boost confidence
The number of mortgages approved reached a near two-year high, according to Bank of England figures, as hopes of cheaper borrowing encouraged would-be buyers.
Mortgage approvals increased to 62,000 in July, a level not seen since September 2022, a sign that buyers were waiting for hopes of reduced interest rates and the associated lower mortgage bills.
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