Santander has turn into the most recent lender to chop its mortgage rates, whereas additionally including new incentives to draw first-time buyers, however some specialists warned that the price war could also be coming to an finish.The lender - one of many “big six”...
The Bank of England has raised rates of interest for the 14th time in a row because it signalled that borrowing prices may keep excessive for a chronic time period to maintain a lid on inflation.Bank governor Andrew Bailey mentioned it isn't “time to...
Banking bosses held a “very productive” assembly with Chancellor Jeremy Hunt on Friday morning, after a shock rate of interest hike deepened the mortgage disaster and threatened extra ache for struggling households.Mr Hunt met with massive lenders together with HSBC, Santander and Barclays in...
Chancellor Jeremy Hunt has agreed measures with lenders geared toward serving to mortgage holders combating excessive rates of interest however has resisted providing Government help.After summoning banks and constructing societies to Downing Street to assist quell the disaster on Friday, Mr Hunt mentioned they...
Chancellor Jeremy Hunt will ask banks if they'll do extra to assist struggling households after a shock rate of interest hike deepened the mortgage disaster.He is assembly massive lenders together with HSBC and Santander in Downing Street on Friday morning because the Government comes...
The squeeze on mortgage holders is ready to tighten because the Bank of England will get able to hike rates of interest for the thirteenth time in a row, consultants have stated.Some analysts expect UK rates of interest to rise by one other 0.25...
