Relief for homeowners as banks launch mortgage price war - including Halifax, HSBC, and Nationwide
Halifax plans to cut the cost of its loans by up to 0.71 per cent following major cuts by HSBC, TSB, and Nationwide."Halifax is making the single largest rate reduction I have seen from a high street lender," said Jamie Lennox from Dimora Mortgages.Halifax has slashed mortgage rates.The move gives homeowners hopes that mortgage costs have peaked after significant rises over the last 18 months.
From today, five-year fixed mortgages will drop from 5.99 per cent to 5.28 per cent for borrowers who have 40 per cent equity. Two-year deals have been slashed by 0.27 per cent. Meanwhile, prospective buyers with a 20 per cent deposit will pay 6.18 per cent.
Danmark Seneste Nyt, Danmark Overskrifter
Similar News:Du kan også læse nyheder, der ligner denne, som vi har indsamlet fra andre nyhedskilder.
Halifax villagers' fears over narrow streets used as 'rat run' by lorriesMixenden residents issue a safety plea after an HGV crashed into a tree last month.
Læs mere »
More big lenders join major banks in dropping mortgage rates as competition returns to marketMore mortgage lenders have announced cuts to their fixed rate deals in the latest signal that the market may be improving for borrowers CallumCMason reports:
Læs mere »
Councillor to 'exhaust' all funding options for Southern Relief open bridge'I firmly believe that there is an opportunity, before we go down this route of a fixed bridge that it appears DfI are determined to do , that we exhaust the opportunities with the Shared Island Unit.'
Læs mere »
Analysis: Derry recount a relief for SDLP and setback for Alliance'The result went the SDLP's way this time, but the party has many more electoral fights ahead'
Læs mere »
The rise of windfall taxes on banks across Europe\n\t\t\tKeep abreast of significant corporate, financial and political developments around the world.\n\t\t\tStay informed and spot emerging risks and opportunities with independent global reporting, expert\n\t\t\tcommentary and analysis you can trust.\n\t\t
Læs mere »
Italy hits banks with surprise windfall tax\n\t\t\tKeep abreast of significant corporate, financial and political developments around the world.\n\t\t\tStay informed and spot emerging risks and opportunities with independent global reporting, expert\n\t\t\tcommentary and analysis you can trust.\n\t\t
Læs mere »