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The Sun16 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."

This is a summary of a press appearance. The link above opens the original article on the publisher's website.

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.

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