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Published 10 days ago

Homeowner pain as major banks lift mortgage rates

Summary by Ground News

Some of the UK's biggest banks are raising mortgage rates as expectations of when the Bank of England will cut interest rates are pushed back.

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Homeowner pain as major banks hike mortgage rates

Lenders respond over views the Bank of England may not cut interest rates as soon as previously thought.

11 days ago·United Kingdom

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Brits face biggest obstacles in 70 years to buying a first home

Britons hoping to buy their first home face the most difficult conditions in 70 years, according to a new report released Monday.

11 days ago·Atlanta, United States

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Major lenders increase mortgage rates in a 'hurricane of rises' - see full list

BORROWERS are being hit with a “hurricane of rises” as almost half a dozen lenders prepare to hike mortgage rates. NatWest, Accord, HSBC, The Co-Operative Bank and Barclays have all announced they will be upping their rates over the coming days. Several major lenders are set to increase their mortgage rates It follows an increase in swap rates, which underpin fixed-rate mortgages, leading to lenders to adjust their rates. UK interest rates curre…

11 days ago·United Kingdom

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Mortgages rise again over fears that base rate cuts won’t happen

Lenders take fright as inflation remains stubbornly high

11 days ago·London, United Kingdom

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HSBC and Barclays to up mortgage rates as fears of interest rate cut delay grow

Some lenders have started to increase their rates again after higher-than-expected inflation figures last week

11 days ago·London, United Kingdom

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Financial Times

Can long-term mortgages help solve the UK’s housing crisis?

Home loans with interest rates fixed for a decade or more could get more buyers on to the ladder — and disrupt a £1.6tn industry

11 days ago·London, United Kingdom

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Leaning Left1Leaning Right1Center4Last Updated10 days agoBias Distribution

67% Center

Bias Distribution

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66% Center

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