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

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.”