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Your mortgage might get cheaper — but everything else could cost more
09 Feb 2025 02:22 GMT
… dashing hopes of a January mortgage rate war, it looks as … Bank’s decision, Santander cut its variable-rate mortgages by 0.25 … . Someone with a £300,000 loan over 25 years at 5 … add a huge burden to households — though it’s unlikely that …
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Homeowners on this type of mortgage told they could switch and save over £5k a year
08 Feb 2025 18:51 GMT
… the main high street mortgage lenders' standard … Santander and Barclays, according to Mojo Mortgages.
On a 75% loan … a 25-year loan term, Mortgage Solutions reported the … homeowners will be baffled that despite multiple interest rate cuts, average mortgage …
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Huge mortgage changes announced by Barclays, HSBC and Santander - and it's good news for homeowners
07 Feb 2025 12:21 GMT
… reductions for those with tracker mortgages. Standard variable rate (SVR … on its tracker and SVR mortgages from March 1, 2025 … has trimmed its tracker mortgages by 0.25 percentage … decision. Santander For Santander customers with a tracker or SVR mortgage, …
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Experts explain how lower interest rate will affect mortgages, loans and savings
06 Feb 2025 18:10 GMT
… best bet.” People with mortgages are the most likely to … “We’ve already seen Santander announce it’s passing on … People looking to purchase property also have an optimistic … homebuyers, and some lenders have already priced this change into their mortgage …
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Barclays, Nationwide and other banks announce new mortgage rules after Bank of England rate cut
07 Feb 2025 20:57 GMT
… February 6 for UK households, lenders have rapidly lowered … Barclays has introduced new residential products, including a 5. … 2025. Rates on tracker mortgages held by existing Nationwide … products. All existing Santander tracker mortgage products linked to the …
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Santander faces uncertainty over motor finance fuling
07 Feb 2025 11:18 GMT
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Alongside the legal uncertainty, Santander UK reported a sharp decline … the lender faces stiff mortgage competition and falling interest … decline.
Despite UK weakness, Santander reported a group-wide … by lower costs and reduced loan loss provisions.
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Five banks introduce new mortgage rules - from Barclays to Santander and Nationwide
07 Feb 2025 10:52 GMT
… which was announced for UK households on February 6. Lenders … , Barclays has launched new residential products, including a 5. … 2025. Rates on tracker mortgages held by existing Nationwide … 4.50%. All existing Santander tracker mortgage products linked to the …
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Barclays, HSBC, Santander and Nationwide announce huge changes to mortgages - and it's good news
07 Feb 2025 09:33 GMT
… fixed and SVR mortgages
Tracker and SVR mortgage rates have been … reducing its tracker and SVR mortgages by 0.25 percentage … . HSBC has cut tracker mortgages by 0.25 percentage points … have a tracker or SVR mortgage with Santander, your rate will decrease …
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Santander making change to savings accounts and 'will contact customers'
07 Feb 2025 07:21 GMT
Santander has updated its mortgage and base rate linked … base rate. Santander has announced changes to its mortgage and base … 4.50%. All existing Santander tracker mortgage products linked to the … March 2025. This includes the Santander Follow-on Rate (FoR) …
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Santander issues warning to millions of customers living in 'new build homes'
07 Feb 2025 07:21 GMT
… . David Morris, Head of Homes at Santander, commented: “The growing appeal … getting a foot on the property ladder, buyers want a … increased availability of high-LTV mortgage options to ease deposit … are about more than just houses—they’re about creating …