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Mortgage Strategy - Nationwide, Leeds BS and TSB lower deals after BoE rate cut

Tags: Mortgage Strategy, Press Commentary

May 08 2025

Nationwide, Leeds Building Society and TSB all cut rates as the Bank of England reduced the base to its lowest level in around two years.

Nationwide’s lowest home loan rate are now two- and five-year deals at 60% loan to value at 3.84% for new customers looking to remortgage, with a £1,499 fee, down by 10 basis points.

Trinity Financial product and communications director Aaron Strutt says: “Nationwide has a habit of lowering its rates just after a base rate decision and this time the society has lowered its remortgage deals.”

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Mortgage Strategy - Nationwide, Leeds BS and TSB lower deals after BoE rate cut

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