The i - Why Santander, NatWest and Nationwide are raising mortgage rates

Multiple mortgage lenders have increased their rates after weeks of reductions. Nationwide, Santander and NatWest are among those upping prices this week, in bad news for property buyers and those remortgaging. Nationwide increased fixed rates by up to 0.19 percentage points from this morning.

Aaron Strutt of Trinity Financial told The i: “These Nationwide rate hikes are probably the biggest we have seen for a while but the building society has been topping the best buy tables with some really cheap deals, so no doubt it has been pretty busy.

“The major banks and building societies had such a busy start to the year that the sheer volume of rate cuts and criteria changes was always going to slow down. I suspect even though rates are going up now they will come back down again.”

Click here to read the full story £

Lending solutions with Trinity Financial

Are you looking to buy a property and require expert advice? We’re here to help you find a solution – no matter how complex your circumstances. Our expert brokers have extensive experience providing creative solutions to secure mortgages for our clients.

Call Trinity Financial on 020 7016 0790 to secure a fixed or tracker rate mortgage, book a consultation or use our appointment calendar

The information contained within was correct at the time of publication but is subject to change.

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