Exciting news for homebuyers! Some of the largest lenders in Britain are getting ready to lower their mortgage rates, which could make it easier for you to buy your dream home
CUTTING DOWN: Nationwide Building Society, HSBC UK and TSB are expected to cut some home loan rates
Nationwide Building Society is leading the way with reductions of up to 0.55 percentage points on its fixed mortgage options from Wednesday, August 9. HSBC UK is also expected to announce rate cuts soon, whereas TSB is making reductions of up to 0.40 percentage points to selected five-year fixed homeowner mortgages, with rates starting from 5.44 per cent.
Last week, they raised it from 5 per cent to 5.25 per cent, but now it might not need to go up so much because inflation isn't rising as fast. According to the Office for National Statistics , the UK Consumer Prices Index inflation was 7.9 per cent in June, slowing from 8.7 per cent in May. Remortgage customers are offered reductions of up to 0.35 percentage points on certain two, three, and five-year fixed loans. Conversely, rates for the society's array of two-year tracker mortgages will increase by 0.25 percentage points, as per product terms, aligning with the recent rise in the base rate.
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
House prices down, with further declines predicted into next yearThe UK housing market has experienced a setback as average house prices saw a decline, with nearly £1,000 wiped off between June and July
Lire la suite »
India's Shaw hits 244 for Northants in One-Day CupNorthamptonshire's Prithvi Shaw smashes 244 against Somerset in the One-Day Cup at Wantage Road.
Lire la suite »
Rape victim filmed ordeal on her phone - now her attacker has been jailed'Shaw is now paying the consequences for his actions'
Lire la suite »
Vicky Pattison's 'gorgeous' River Island midi dress down to £35The summer sale has massive reductions on summer dresses, swimwear, comfortable trousers and more
Lire la suite »
Lil Tay's father 'cannot confirm or deny' whether 14-year-old daughter is deadThe father of 14-year-old Lil Tay has said he can't confirm or deny whether his daughter is indeed dead. Fans have been left questioning whether the controversial social media star is still alive or not.
Lire la suite »