Experts believe rates will slowly come down in both the near and long term unless the war in the Middle East continues to escalate

Nationwide has kicked off a shake-up to the mortgage market with a cut to rates ahead of the Bank of England's interest rate decision.

Experts believe rates will slowly come down in both the near and long term unless the war in the Middle East continues to escalate

Experts said borrowers could benefit from a gradual improvement in mortgage deals over the summer.