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Mortgage News

The Most Comprehensive Source of Mortgage-Related News

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News for: The Independent
Showing 1 - 4 of 4 results
Dec 9, 2025 1:30 AM — Mortgage Rates
Banks in mortgage war as rates plunge in major boost to buyers
Santander and Nationwide have lowered mortgage rates in an effort to boost property moves due to a stalled property market. Multiple lenders have dropped rates to below 5%, with expectations that rates will continue to decrease as the Bank of England may lower the base rate. The decrease in rates is expected to stimulate housing market activity in the new year, especially for mid-market and first-... more
Dec 8, 2025 7:34 AM — Mortgage Rates
Lenders fire up mortgage wars as rates touch 3.5% in boost to buyers
Santander and Nationwide have lowered mortgage rates to boost property moves, as lenders compete for business. Rates had risen after post-lockdown deals in 2020, but now show signs of dropping again, with some as low as 3.51%. The average fixed deals are now below 5%, the lowest since 2022. The property market has stalled due to Budget uncertainty, with regional differences in price changes. Lower... more
Sep 8, 2025 5:23 AM — Mortgage Rates
Rising mortgage rates signal fresh battle for homeowners ahead of Reeves’ Budget
Interest rates on some competitive high street mortgage deals have increased due to the uncertain political and economic climate. Lenders like HSBC and Halifax have raised rates, and more are expected to follow. Homeowners are advised to secure deals before rates rise further. Data also shows that wage growth has slowed, impacting overall spending and inflation.
Aug 7, 2025 4:24 AM — Interest Rates
Interest rates live: Boost for mortgage holders as Bank of England cuts rate for third time this year
The Bank of England has cut interest rates to 4%, marking the third cut this year. This is expected to benefit homeowners but negatively impact savers. The cut is aimed at boosting the mortgage market and comes despite concerns over high inflation and Trump tariffs. Experts suggest that households may not immediately see spending benefits from the rate cut due to economic uncertainty.
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