Financial Times - UK lenders raise mortgage rates as inflation fears intensify

Britain’s biggest mortgage lenders have pushed through a new round of rate rises on fixed-rate mortgages, as rising UK inflation, higher oil prices and a global bond market sell-off rattled markets.  Santander, HSBC, Nationwide, Lloyds, Halifax, Barclays and TSB raised rates this week by as much as 0.3 percentage points, driving up costs for borrowers and threatening to weigh on housing market activity as the autumn buying season gets under way. 

Aaron Strutt, product director at broker Trinity Financial, said: “It seems likely there will be more to come. It’s never good when a lender’s new rates are live for a day and then they are pushed up again.”

Click here to read the full story £

Speak to a Trinity Financial adviser today

The mortgage market moves fast — and the right advice can make a significant difference to the rate and deal you secure. Get in touch with our team to discuss your options.

Call Trinity Financial on 020 7016 0790 to secure a fixed or tracker rate mortgage, book a consultation, or use our appointment calendar

The information contained within was correct at the time of publication but is subject to change. It is for general information purposes and is not advice.

Any links to third-party websites are provided for information and convenience purposes only. We are not responsible for the content or availability of external sites

Your mortgage is secured on your property. Your property may be repossessed if you do not keep up repayments on your mortgage