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Second Wave of Mortgage Rate Hikes Begins Before BBR Decision

A second wave of mortgage rate hikes has pushed borrowing costs higher, ahead of the next Bank Base Rate (BBR) vote, according to Moneyfactscompare.co.uk analysis. A second wave of mortgage rate hikes has been made by the major banks, off the back of higher swap rates, including NatWest, Santander, HSBC, Lloyds Bank and TSB, all for the second time since the start of September.

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5 Articles

The Negotiator

Homebuyers hit by new wave of mortgage rate hikes

The latest mortgage rate changes demonstrates how pricing is not intrinsically linked to adjustments to the Bank Rate, says Moneyfacts' Rachel Springall.

16 hours ago

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IFA Magazine

Second wave of mortgage rate hikes begins before BBR decision | Moneyfacts

Mortgage borrowers are facing renewed pressure as swap rates rise ahead of the next Bank Base Rate (BBR) vote, according to Moneyfactscompare.co.uk analysis. A second wave of mortgage rate hikes has been made by the major banks, off the back of higher swap rates, including NatWest, Santander, HSBC, Lloyds Bank and TSB, all for the second time since the start of […]

1 day ago

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Mortgage Strategy

Barclays joins wave of repricing with 20bps rate hikes

Barclays is making sweeping increases of 20 basis points across its residential purchase range tomorrow. The lender is raising rates by the same amount on

1 day ago

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