What we know as major lenders cut mortgage rates again

Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.Jump to contentThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inAllNewsSportCultureLifestyleMore lenders are expected to reduce mortgage rates, offering a boost to homeowners and first-time buyers. Nationwide has implemented its third round of cuts this month, reducing rates by up to 0.25 per cent, with its lowest fixed rate now at 4.19 per cent. Barclays and Skipton Building Society have also lowered some rates, with Skipton's cuts averaging 0.18 per cent. The reductions are attributed to easing tensions in the Middle East, falling oil prices, and declining swap rates, which anticipate future Bank of England interest rate cuts. Experts advise homeowners due for remortgage to act promptly to secure a deal, as most lenders allow switching to a better offer later if one becomes available. In fullNationwide makes third cut to mortgage deals – with more lenders tipped to followThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in

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