Mortgage Introducer - Barclays to hike mortgage rates again
Tags: Press Commentary
Barclays has announced a new round of rate increases as mortgage rate hikes continue across the market, including among major lenders. The changes, effective from tomorrow, 25 March, cover residential purchase, residential remortgage, purchase and remortgage, and buy-to-let, and also apply to the lender’s existing customer reward range.
“The mortgage rate hikes just keep on coming through, and there are no real signs they are going to stop any time soon,” commented Aaron Strutt, product director at Trinity Financial. “Taking a tracker rate at the moment seems like a sensible option for many borrowers.”
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The information contained within was correct at the time of publication but is subject to change.
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