Lenders take a hit on mortgage lending as sub-4% fixed rates return

Jul 26, 2024 · The group’s share of new mortgages dropped to as low as 4 to 5% last year when it prioritised profit margins over keeping up with competitors’ offering, down from 11%, according …

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Lenders Take A Hit On Mortgage Lending As Sub-4% Fixed Rates Return

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knightfrank.com

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There’s A Way To Land Sub-4% Mortgage Rates For Buyers Locked …

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Jan 9, 2025 · Earlier this month, Roam, a company that specializes in helping buyers find homes with sub-4% mortgages they can take over, announced a new feature in which buyers can …

yahoo.com

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Mortgage Deals Below 4% Return To Market - Tembo Money

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Aug 30, 2024 · Mortgage deals with rates below 4% have been off the market for months, but that seems to be finally changing. Nationwide has made headlines this week after announcing it's …

tembomoney.com

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HSBC Becomes First 'big Six' Lender To Bring Back Sub-4

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Jan 4, 2024 · This is the first time since April 2023 that five- and ten-year fixed rates are sub-4%. The lender's buy-to-let rates are also under 5.50% for the first time since June 2023. HSBC …

trinityfinancialgroup.co.uk

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Last Of The Sub-4% Fixed Mortgages Disappear As HSBC Hikes Rates

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Feb 22, 2024 · Two banks lower mortgage rates as best fixed deals close in on 4% Average homeowner could see their house price rise by £10,725 in 2025, says Nationwide Asking …

thisismoney.co.uk

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All The Major Lenders Offering Sub 4% Mortgages As Banks Battle …

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Aug 8, 2024 · The average two-year fix was 2.34% and five-year fix 2.64% in December 2021, according to Moneyfacts. Average rates have hit over 6% since then at various times, but …

thesun.co.uk

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Lenders Cull Sub 4% Mortgage Rate Deals On Inflation Concerns

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Nov 20, 2024 · Mortgage lenders are hiking the interest rates they charge on certain mortgage products, in spite of the recent cut in the Base Rate by the Bank of England from 5% to 4.75%. …

lovemoney.com

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Santander And Co-op Bank Latest To Offer Sub-4% Mortgage Deals

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Feb 20, 2023 · The number of lenders now offering sub-4% mortgages grows apace as Santander and Platform, the Co-operative Bank’s broker-only mortgage service, become the latest to …

yourmoney.com

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Lenders Pull Sub-4% Loans Amid ‘higher For Longer’ Rate Environment

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Nov 14, 2024 · Allied Irish Bank is currently the only lender of scale to offer rates below 4%, L&C Mortgages points out. This comes despite the Bank of England cutting the cost of borrowing …

mortgagestrategy.co.uk

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First Direct And Nationwide Join Rivals To Launch Sub-4% Mortgages

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Feb 17, 2023 · The latest sub-4% mortgage launches. There has been a lot of movement in the mortgage market in the last few weeks and experts predict more sub-4% deals are on the way. …

yourmoney.com

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More Than 80% Of Mortgages Have A Sub-6% Rate - Realtor.com

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Jan 10, 2025 · Based on the recent mortgage rate report from Jan. 9, Freddie Mac revealed mortgage rates jumped to a six-month high of 6.93%, up from 6.91% last week. Market …

realtor.com

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First Sub 4% Fixed Rate Mortgages Launched Since Mini-budget

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Feb 9, 2023 · HSBC has launched a 5-year fixed rate mortgage under 4%, the lowest rate since the infamous mini-budget in September 2022.Analysts expect to see a number of reduced …

moneytothemasses.com

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Will Other Lenders Follow Santander's Sub 4% Mortgage Offering?

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Sep 20, 2024 · Nigel Panter, Director at Bespoke Mortgage Services Limited, said: “It’s good news that Santander has become the first lender to offer a sub 4% 2 year fixed rate and that …

ifamagazine.com

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More Sub-4% Mortgage Deals Hitting The Market - MSN

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Another home buyer mortgage will be offered by Barclays at a five-year fixed rate of 3.84%, for borrowers with a 40% deposit, again with a £899 product fee, with the rate having previously …

msn.com

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Latest UK Lenders Offering Mortgages Below 4%

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Oct 1, 2024 · Therefore, if the rate gets cut (as it recently did from 5.25% to 5%) then interest rates on tracker mortgages also typically lower too. Buyers with a 25% to 40% deposit As with …

thresholdmortgages.com

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Is The Era Of Sub-4% Rates Officially Over? : R/RealEstate - Reddit

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The "era of sub-4% rates" has been "officially over" several times in the last several years. 2018, most recently, when 4.5% with no points was a dead sexy rate that you'd brag to your friends …

reddit.com

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Money Blog: Major Boost For Mortgage Holders As More ... - Sky …

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2 hours ago · If expectations prove correct, by the end of the year, the interest rate will be 4%, down from the current 4.75%. 10:33:04 Surprise as FTSE 100 soars to new record high

sky.com

FAQs about Lenders take a hit on mortgage lending as sub-4% fixed rates return Coupon?

Which lenders have a sub-4% mortgage deal in February?

The data analyst Moneyfacts tells MoneyWeek that other big lenders like NatWest, Lloyds Bank, HSBC, Halifax and Santander also had sub-4% deals in February. Rachel Springall, finance expert at Moneyfactscompare.co.uk, says: “Fixed mortgage rates are on a downward trend, which will be a relief to borrowers.” ...

Are more sub-4% mortgage deals on the horizon?

More sub-4% mortgage deals hitting the market - More mortgage rate cuts could be on the horizon, finance expert Rachel Springall said. ...

Will HSBC pull a sub-4 per cent mortgage deal?

Homeowners and buyers looking to bag a sub-4 per cent mortgage rate have until the end of today before they disappear from the market for now. From tomorrow, HSBC will become the final lender to pull its sub-4 per cent deals. ...

Is there a way to land sub-4% mortgage rates?

There’s a way to land sub-4% mortgage rates for buyers locked out of the housing market. But they’ve been hard to get—until now With mortgage rates continuing to hover between 7% and 8%, it’s been challenging—near impossible—for many homebuyers to break into today’s housing market. ...

Is HSBC the last lender in a sub 4 per cent bracket?

'This has forced fixed rates back up as funding costs have risen leading to HSBC being the last lender standing in the sub 4 per cent bracket. 'That may catch some borrowers by surprise when the rate story this year has generally been one of falling rates. ...

Which banks are launching sub-4% deals?

On Friday, Your Money reported that both First Direct and Nationwide had launched sub-4% deals last week, joining the likes of HSBC, Halifax, Yorkshire Building Society and Virgin Money. Now, both Santander and the Co-operative Bank have joined their rivals in releasing sub-4% products via their intermediary-only arms. ...