The i - Two major lenders cut mortgage rates ahead of expected interest rate cut
Two major lenders are cutting rates on their fixed-rate deals today (30 July), with the new deals leading the best buys table.
Santander has launched a two-year fixed rate for home movers starting from around 3.75 per cent with a £999 fee.
Aaron Strutt of brokers Trinity Financial told The i: “The best five-year fixes are priced around 3.9 per cent at the moment. We have seen some fixed rate rises over the last few days, so we may not get many lenders lowering their rates over the next week or so.
“But if the base rate comes down, then there may well be a few cheaper fixes to choose from over the next few weeks.”
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