Published 12 days ago • loading... • Updated 8 days ago

Mortgage rates cut below 4% as competition picks up

Santander UK is launching the first sub-4% interest mortgages of 2025, offering two- and five-year fixed rates at 3.99% for customers with a 60% Loan to Value starting February 13.
Homebuyers will face a fee of £1,999, while remortgagers will pay £1,749, according to Santander's announcement.
David Morris, head of homes at Santander, stated that these new products will positively impact customers throughout the home-buying journey.
Experts suggest this move by Santander could trigger a mortgage price war, despite concerns about higher fees and limited competition in the market.

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iNews

I want to get a fixed mortgage but what if I move before the term ends?

Is the mortgage market turbulence getting you down? Have you got a mortgage-related question you need answering? Email in and we’ll get one of our experts to reply. Nick Mendes, mortgage technical manager at John Charcol, has given his advice to a reader below. If you have a question for our experts, email us at money@inews.co.uk.Question: I want to get a fixed mortgage – but what if I move before the term ends?Answer: It’s great that you’re con…

10 days ago·London, United Kingdom

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South China Morning Post

HSBC cuts rates on fixed mortgages in Hong Kong amid slumping sales

Other banks may follow with similar cuts to ease financing costs and help revive home sales.

10 days ago·Hong Kong

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BBC News

Santander and Barclays cut mortgage rates below 4% as market picks up.

It's the first time mortgage deals with rates below 4% have been available since November.

10 days ago·United Kingdom

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Daily Express

Major bank launches sub 4% interest mortgages in start of potential ‘price war'

The move marks a "significant shift" in mortgage interest rates, with customers to benefit from 3.99% deals.

11 days ago·United Kingdom

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Swindon Advertiser

+2 Reposted by 2 other sources

Santander mortgage rates to drop below four per cent

Mortgage rates below four per cent are returning to the market, as Santander UK launches new products

11 days ago·Swindon, United Kingdom

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The Sun

Major bank launches first mortgage under 4% in 2025 as lenders ignite new rate

A MAJOR bank is set to introduce the first sub-4% mortgage deal of the year. Santander said that from Thursday, borrowers will be able to apply for one of four new products as it launches a range of two and five-year fixed-rate deals at 3.99%. PAThe move follows a cut in the Bank of England base rate last week, from 4.75% to 4.5%[/caption] The new deals include a 60% loan-to-value (LTV) two or five-year fixed-rate mortgage at 3.99%, with a fee o…

11 days ago·United Kingdom

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