Lenders stepping up mortgage price war in apparent response to financial turmoil sparked by US tariffs

UK lenders are stepping up a mortgage price war, with HSBC and the Co-operative Bank announcing fresh rate cuts, and Halifax and Lloyds Bank loosening their affordability rules to enable homebuyers to borrow more.

The number of low-deposit mortgages that let buyers borrow up to 95% of a property’s value has hit a 17-year high.

Continue reading…Mortgage rates, Mortgages, Money, Property, Banking, Business, Housing, Society, HSBC, Co-operative Group, Lloyds Banking GroupRead More

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