The i - Mortgage price war continues as two major lenders make further cuts
Two major high street banks have cut their mortgage rates again, following multiple cuts last week.
NatWest has announced that it will make a range of rate reductions from Tuesday, as will HSBC.
Aaron Strutt of brokers Trinity Financial said: “It is not that common for lenders to lower their rates twice in a week, so it shows how keen they are to do business at the moment.
“It seems like the banks and building societies are expecting a reduction in the number of property purchases, which certainly isn’t helped by the current stamp duty levels, although they are expecting more remortgages where borrowers switch to other providers to get a better deal or borrow more cash.”
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