HomeOwners Alliance logo

Sign up to our newsletter for the latest property news, tips & money saving offers

  • Moving home during coronavirus - Read latest advice

When will your lender hike the rate of your mortgage?

Has your lender increased it's rates? Consumer journalist Christine Toner takes a look in this fortnight’s mortgage update.

interest ratesEarlier this month the Bank of England’s Monetary Policy Committee increased interest rates by 0.25%. So which lenders have been quick to pass on the increase and which have yet to make changes? We take a look.

HSBC has increased its tracker rates by 0.25%. Virgin Money has also passed on the increase to its tracker mortgage customers, as has RBS which owns NatWest.

A number of lenders have announced they will change rates from September 1st. This includes Barclays, which will be increasing all of its variable rate mortgages by 0.25%, the Post Office, TSB and Nationwide.

Lloyds Banking Group (which includes Halifax) also says it will increase variable rate mortgage products by 0.25 percent in September.

Meanwhile Santander says it will increase its variable rates from September 3rd.

Want to make sure you’re on the very best deal available? Get free, unbiased advice from our partners at London & Country today. You can even start the process online and speak to an adviser at any point.

Today’s best mortgage deals

Click below to see more best buys to see the full range, or speak to London and Country today on 0800 073 2326

 


Leave a comment




* required

No Comments

No comments yet.

Looking for fee free mortgage advice?

We’ve teamed up with the UK’s leading fee-free mortgage broker to provide you with expert advice.L&C Logo✓ UK’s leading fee free mortgage broker

✓ Compare 1000s of mortgages

✓ Fully qualified advisers

Find out more >

Latest Tweets

  • HomeOwners Alliance
    Buying a home is stressful enough without the financial worry of a sale falling through. Home Buyers’ Protection In… https://t.co/ZYRUFabYjG

    26 September 2020

  • HomeOwners Alliance
    Once you have found the perfect property, you then need to decide how to bid for it. But what are the best bidding… https://t.co/JiLwP8n6HX

    26 September 2020

  • Follow us on Twitter >

     

 
×

Sign up to our FREE weekly newsletter

For the latest news, advice and exclusive money saving offers.