Mortgage Strategy - Nationwide becomes latest lender to increase rates

Nationwide is making rate hikes of up to 0.25% on selected fixed rates, effective tomorrow.

This includes rates across its first-time buyer, home mover, existing customers moving home and remortgage products.

Trinity Financial director of product and communications Aaron Strutt told Mortgage Strategy magazine: “If rates only go up by 0.25% then it won’t be as bad, but it seems like there is a long way to go before the conflict in the Middle East is resolved and this means more uncertainty in the money markets.”

“This often leads to higher borrowing costs which are then passed onto consumers and lead to higher rates.”

Click here to read the story

Get expert mortgage advice from Trinity Financial

At Trinity Financial, our team of experienced London mortgage brokers specialises in helping borrowers secure the right deal. We work with all major lenders and can guide you through the full application process.

Call Trinity Financial on 020 7016 0790 to secure a mortgage or book a consultation

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