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Santander, HSBC UK and Barclays cut mortgage rates again
3+ day, 15+ hour ago (182+ words) Homebuyers and remortgagers saw a fresh wave of mortgage rate cuts last week, as major UK lenders moved quickly to improve deals just days after earlier reductions. Banks including Santander, HSBC UK, Barclays, Skipton Building Society, and Virgin Money all…...
Persimmon flags worries over homebuyer confidence amid Iran conflict
2+ week, 19+ hour ago (596+ words) Housebuilder Persimmon has cautioned the Iran conflict could knock buyer sentiment amid fears interest rates will stay higher for longer if inflation is sent soaring. The group said it was "monitoring the impact the conflict with Iran could have on…...
Mortgage availability expected by lenders to increase in coming months
3+ week, 8+ hour ago (445+ words) Mortgage availability to households is expected to increase over the three months to the end of May, according to a Bank of England survey of lenders. The availability of non-mortgage credit to households is also predicted to rise in the…...
Mortgage rates "likely to remain higher for some time yet
3+ week, 1+ day ago (336+ words) Mortgage rates are likely to remain higher for "some time yet" despite some signs of the upward pressure easing, according to a financial information website. Global stock markets have been recovering after the US and Iran agreed a two-week ceasefire,…...