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16 May 2024

Fresh relief for thousands of homeowners as THREE major lenders cut mortgage rates by up to 0.45%

Fresh relief for thousands of homeowners as THREE major lenders cut mortgage rates by up to 0.45%

A NUMBER of mortgage experts have hailed the news TSB, HSBC and Barclays will slash rates as a positive sign for the upcoming months... Dariusz Karpowicz, director at Albion Financial Advice, said: "Such rate cuts are particularly welcome at a time when the market has been under significant pressure, offering some relief to both new buyers and those looking to remortgage."It's a hopeful sign that lenders are beginning to adjust their offerings in a way that could make homeownership more accessible and affordable."If other lenders follow suit, we could see a more competitive mortgage market, benefiting borrowers across the board."

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Dariusz Karpowicz is a regulated adviser and Founder of Albion Financial Advice Services Ltd, which is authorised and regulated by the Financial Conduct Authority (FRN 769375).

Your home may be repossessed if you do not keep up repayments on your mortgage. Some buy-to-let mortgages are not regulated by the Financial Conduct Authority. The information on this website is for general guidance only and does not constitute personalised financial advice.

Albion Financial Advice Services Ltd is registered in England No. 10460659; registered office: Armstrong House, First Avenue, Finningley, Doncaster, DN9 3GA.

Fees: our standard broker fee for arranging a new residential mortgage is £599 where there is no adverse credit history. Different fees apply to remortgages, buy-to-let and commercial cases. Where there is adverse credit history, our fee depends on your circumstances and will always be disclosed before any fee-charging activity begins. Your initial consultation is always free.

If you have a complaint, contact us first at info@albionfa.co.uk or 01302 590039. If you are not satisfied with our response, you may refer your complaint to the Financial Ombudsman Service: financial-ombudsman.org.uk, tel. 0800 023 4567. · Privacy policy · Shop terms

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