Two more lenders announce cuts in mortgage rates

Two more lenders announce cuts in mortgage rates

Following on from HSBC and Halifax slashing their rates last week, Barclays and Santander have just released information on rate cuts

Our mortgage adviser is updating us daily to the significant changes in the mortgage market.

Last week we saw HSBC and Halifax make big moves. Now Barclays and Santander are slashing rates.

Barclays, from tomorrow cuts of up to 0.5% will apply, including:

  • Two year fixed with 60% loan to value - down from 4.62% to 4.17%
  • 75% LTV down from 4.7% to 4.2%
  • 95% from 5.8% to 5.5%

Santander has announced cuts to rates on a number of products from tomorrow. They will reduce standard residential fixed rate mortgages by up to 0.82% for new customers.

This means a 60% LTV five year fixed rate will be available from 3.94%.

The same deal, but for remortgages, will be available from 3.89%.

Buy-to-let two and five year fixed rates will go down by up to 0.56%.

The news is changing daily, if you are looking to buy or remortgage we recommend speaking to Kingsgate Partners who work with these mentioned lenders plus many more. They can advise you of rate changes as they happen to make sure you have access to the best rates.

Contact us on sales@newboulds.com or 01932 232927 to speak to the mortgage advisers from Kingsgate Partners.


Get in touch with us

The latest figures from the Office for National Statistics (ONS) suggest something rather unexpected. After years of worsening affordability, the picture has begun to improve. Wages have risen faster than house prices since 2021, nudging the headline affordability ratios in the right direction. On the face of it, that feels like progress.

The Renters' Rights Act 2025, signifies a pivotal shift in the private rented sector. With most provisions effective from 1 May 2026, it's crucial for landlords to understand and prepare for these changes now, ensuring compliance and continued success. David Burns from Ronald Fletcher Baker LLP explains what's about to change

The Renters' Rights Act 2025 introduces significant changes for landlords, extending beyond Section 21. Part 3 establishes a national Private Rented Sector (PRS) Database and mandatory Landlord Ombudsman, fundamentally reshaping accountability and dispute resolution. Let's explore what these developments mean for you and your property investments.

Over the last few weeks, there has been a growing narrative in the national press suggesting that the housing ladder is becoming increasingly difficult to climb. Much of this centres around the widening gap between smaller and larger homes, with many commentators suggesting that homeowners are becoming “stuck” and unable to move up.