Thisismoney.co.uk - Nationwide hikes mortgage rates alongside two more high street banks

Homeowners have been dealt a further blow today as three more major high street lenders announced mortgage rate increases.  

Nationwide is increasing a number of its fixed and tracker rates by up to 0.3 percentage points, while Halifax is also upping rates across all its fixed rate products tomorrow.

Aaron Strutt of mortgage broker Trinity Financial. 'The rate changes are still coming through thick and fast.

'Some lenders are pulling their entire mortgage ranges while they try to price their products, citing extreme market volatility.

'For the moment, lenders like Barclays, TSB and NatWest have two-year fixes priced around 4.3 per cent, and HSBC and NatWest have five-year fixes priced around 4.5 per cent.' 

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

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