Financial Times - Nearly 500 mortgage deals withdrawn by UK lenders in two days
Tags: Financial Times, Press Commentary
Lenders still offering two-year rates below 4 per cent include Nationwide, NatWest and Barclays.
Aaron Strutt, product director at mortgage broker Trinity Financial, told the FT: “The concern is that other big lenders will need to make similar changes like this, which will push up rates and mean the remaining sub-4 per cent deals disappear quickly.”
He added: “Market conditions are clearly getting more serious now and unfortunately we do not know when this is going to end.
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