Santander is making a major change this week

Santander shares good news for these customers - from Friday

Many Brits have been handed a rare piece of good news after Santander announced a major change from Friday.

Major Santander change from Friday - what customers need to know

The rate war drum is now becoming louder by the day, Contractor Mortgage Services director, Ken James, has said following recent rate reductions from both NatWest and Halifax.

‘Rate war drum becoming louder’ as NatWest and Halifax reduce rates

There are reports that the long-established brand could be consigned to history

Major Halifax update as ‘it could disappear from high streets’

Reports suggest Lloyds Banking Group could scrap the Halifax brand after 173 years on the high street, though no branch closures are planned

Halifax ‘could disappear from UK high streets’ after 173 years

Halifax bombshell as bank ‘could disappear from UK high streets’

‘Rates cut’ for Santander and NatWest customers

‘Cost reduction’ announced for NatWest and Santander customers

NatWest and Santander customers ‘cost reduction this week’

A major mortgage lender has cut its rates today, but brokers are warning that they could be about to rise again.

Halifax cuts its mortgage rates - but are home loans about to spike again?

There was good news for customers announced on Tuesday afternoon

New Halifax update given to customers ‘but could be short-lived’

Halifax customers get new good news update ‘but it might be short-lived’

Mortgage lenders have been cutting their rates for the last week with Virgin, TSB and Santander announcing yesterday they were reducing prices, following in the footsteps of Barclays, HSBC, Halifax and NatWest.

Nationwide cuts mortgage rates: Are there more reductions ahead?

The picture is changing day by day at the moment

‘Good news’ update for Santander, first direct and TSB customers

‘Blink and you’ll miss them’, warn brokers on mortgage deals

More lenders cut rates in fresh boost to mortgage market

The changes will come into effect on Thursday and Friday.

HSBC, Santander and TSB make major mortgage change – ‘significant shift’

Cautiously hopeful, until it all flips again

New ‘good news’ announcements for TSB, first direct and Santander customers

‘It’s not clear which way we go from here.’

UK households issued mortgage warning over Iran war

Santander has cut selected 85% and 90% LTV fixed rates below 4%, but brokers warn rising swap rates linked to Middle East tensions could lead to mortgage rate increases.

Santander cuts 85% and 90% LTV mortgage rates below 4% as brokers warn swap surge could trigger increases

It will be offering selected fixed 85% and 90% loan-to-value (LTV) rates going under 4%.

Santander issues announcement for UK customers ‘from Wednesday’ amid Iran war

Experts have said it’s unlikely to be repeated for a while

Santander makes major announcement for customers but ‘window closing’

should change their attitudes to the self-employed and should not regard them “as risky”, according to Contractor Mortgage Services director, Ken James.

Lenders should change risk attitudes to self-employed

Nationwide, Halifax and Virgin Money have cut mortgage rates less than 48 hours after the Chancellor delivered her Autumn Budget.

Mortgage lenders ‘get market moving’ with post-Budget rate cuts

Nationwide and TSB have announced further cuts to their mortgage rates to some of the cheapest since the 2022 Budget.

TSB and Nationwide cut rates to lowest levels since 2022 Budget

House prices were also up 0.3% month on month

Annual house price ‘holds ground’ with growth reaching up to 2.4% in October

Brokers fear the independent landlord is no more - Introducer Today

Mortgage brokers are warning of “judge, jury and executioner” surveyors and wild inconsistencies as they claim down valuations are surging across the property market.

Down valuations rise as surveyors become ‘judge, jury and executioner’

Mortgage brokers have warned about a surge in “atrocious” down valuations among lender’s valuers

Down valuations on the rise as valuers turn cautious

Property experts have warned about a surge in “atrocious” down valuations as valuers become “overly cautious with the values that they are putting their names to” in a stagnant property market.

London mortgage broker warns about 'atrocious' down-valuations

Mortgage brokers have reacted to the BBC’s Panorama investigation which exposed the dubious practice of ‘conditional selling’ by estate agents.

Mortgage borrowers warned over estate agent ‘conditional selling’ - what MORTGAGE

Nationwide, Barclays and Skipton Building Society have all unveiled rate cuts this week, as competition heats up across the high street. The cuts come as mortgage rates are tumbling across the market, with the cheapest deals ever on offer

Barclays, Nationwide, Skipton and TSB mortgage price war saving customers £1k

A summer mortgage price war is now in full swing

Nationwide and Barclays slash rates with customers to be better off

Barclays customers could soon be £500 better off

Nationwide, Barclays and Skipton Building Society have all unveiled rate cuts this week

Barclays, Nationwide and TSB customers could save more than £1,000 on mortgages

trump’s tariffs send uk borrowing costs soaring, forcing reeves to rethink economic roadmap

Trump’s tariffs send UK borrowing costs soaring, forcing Reeves to rethink economic roadmap

Santander cuts selected 2 and 5-year fixed remortgage rates, prompting brokers to suggest lenders increasingly believe a Bank of England rate cut is imminent.

Santander slashes remortgage rates as brokers hint at incoming Bank of England cut

More landlords are turning to developing properties and selling on

Tax and red tape push landlords into flipping - financial experts’ stories - Landlord Today

Iran says it has launched an attack on US forces at the Al Udeid Air Base in Qatar as state media confirms missile operation ‘Blessings of Victory’ has started against US bases in Qatar and Iraq

Iranian missiles fired towards US airbase in Qatar as Trump meets security team

Advisers at Openwork now require pre-approval on debt consolidation cases before giving advice, which advisers have warned could see borrowers ‘go elsewhere’.

‘Lack of trust’: Openwork puts in pre-approval system on debt consolidation advice

Nationwide, Halifax, Virgin Money, and TSB have each announced further rate cuts.

Nationwide, Halifax, Virgin Money and TSB issue ‘extremely positive’ rate cuts

Mortgage holders brace for noon when the Bank of England announces its latest decision on interest rates.

Bank of England urged to cut interest rate to 4% - follow live

The re-pricing comes ahead of the next Bank of England interest rate decision tomorrow.

Britain’s biggest building society cuts mortgage rates again

The Labour Government’s 1.5 million new homes plan is ‘fantasy politics’ with experts warning homeownership may suffer under potential cash ISA changes.

Rachel Reeves savaged over ‘fantasy politics’ after Cash ISA plan rubbished

The change comes at a time that the finance industry is putting pressure on the Chancellor Rachel Reeves to relax lending rules so allowing them to dish out more mega loans.

Nationwide ‘kick in the teeth’ as new £40,000 earnings rule issued

Major banks have begun increasing mortgage rates in earnest in response to the renewed uncertainty surrounding interest rates.

Four major mortgage lenders increase rates on the same day

TSB has followed other major lenders in hiking mortgage rates this week - and theirs are pretty big.

Money blog: TSB announces big increases to mortgage rates - as 'market thrown into turmoil'

With many choosing to ditch alcohol this January, research from Santander has shown that putting some – or all – of the money usually spent on booze each month towards mortgage overpayments could save homeowners thousands over the life of their mortgage. According to statistics from ONS, the average cost of a pint of lager […]

Homeowners could save thousands by using ‘Dry January’ cash boost to overpay mortgage

NatWest is making rate cuts of up to 39bps across selected purchase, remortgage and buy-to-let 2- and 5-year fixed rate mortgages tomorrow. Newspage asked brokers whether the tide is turning and if more lenders could follow NatWest’s lead. Their views are below. STALL SETTING Ken James, Direc

NatWest cuts rates by up to 39bps “bringing some much-needed festive cheer to the mortgage market” | News

Rising inflation meant the prospect of a cut in interest rates now seems remote, says Andrew Montlake, Managing Director at Coreco.

Housing prices soar in huge ‘curveball’ after Rachel Reeves ‘butchers market’

Rachel Reeves’ Budget has been blamed for threatening to choke off economic growth and investment by business leaders.

New blow for embattled Keir Starmer as business confidence crashes to new low

There is panic and uncertainty among borrowers as direction of mortgage rates remains unclear, brokers reveal.

‘Panic and uncertainty’ among borrowers as direction of mortgage rates remains unclear

The future path of interest rates has been thrown into the air leaving customers confused say experts

Warning as lenders Barclays and Santander split on home loan rates

Homeowners and buyers urged to lock in deals as nervous lenders raise rates

Borrowers warned of ‘mortgage storm’ ahead of Budget

Self-employed workers are often subjected to tougher checks, mainly because they are considered to have a more irregular or complex income and are therefore viewed as riskier by lenders.

Close to half of self-employed people have faced mortgage rejection

10 brokers have been asked whether it’s cheaper to buy or to rent, the challenges people face in getting on the ladder and what should be considered.

To buy or to rent? That is the question! - Introducer Today

Major lenders have today revealed further mortgage rate cuts across fixed deals.

Nationwide, NatWest and TSB cut mortgage rates

Evidence of strong growth in the economy may give experts on the Bank of England reason to hold back further cuts in interest rates, it is claimed.

Fears over Bank of England interest rates decision as economy ‘roars back’

It follows similar moves by the likes of Halifax, Nationwide, NatWest, and HSBC

TSB says yes to mortgage rate cuts

Another big lender has joined the “sub-4 per cent club” as Halifax announces cuts to mortgage products.

Halifax joins ‘sub-4% club’ as it announces rate cuts

MAJOR lenders are battling it out to offer lower rates in a boost for homeowners and first-time buyers who have been hit by soaring costs. A flurry of mortgages have hit the market with interest be…

All the major lenders offering sub 4% mortgages as banks battle on rates

The base rate cut today was already pre-empted by banks like NatWest and Virgin Money long before the announcement, they say.

NatWest and Virgin mortgage changes rolled out before base rate drop

TWO major banks are slashing mortgage rates as the Bank of England (BoE) gears up to make a major interest rate decision tomorrow. NatWest and Virgin Money are both cutting home loan deals by up to…

Major banks cut mortgages rates ahead of Bank of England interest rate decision

Tomorrow’s Interest Rate Decision - stick or drop?

Natwest and Virgin Money is trimming rates on new business fixed products in welcome boost

Banks reducing fixed rate mortgage offers as interest decision looms

Major lenders continue battle for customers before Bank of England’s decision tomorrow

NatWest and Virgin cut mortgage prices ahead of interest rate decision

Natwest and Virgin Money have announced reductions to their  range of fixed rates accounts ahead of the Bank of England's interest rate decision tomorrow.

Money blog: Major banks cut mortgage rates ahead of BoE announcement tomorrow

Virgin is also launching a number of exclusive deals for those looking to remortgage.

NatWest and Virgin Money make change to accounts as customers say ‘it’s welcome’

Longer term fixed rates have been 'missing from the landscape for some time', according to some brokers, after a smaller lender stepped up to offer these products.

Longer term fixed rates ‘missing from landscape for some time’

Mortgage rate cuts follow other lenders including Halifax, HSBC, Barclays and Coventry Building Society slashing prices in recent weeks

NatWest becomes latest major lender to cut mortgage rates

That is the day that the latest inflation figure is announced and it will be crucial in terms of whether the Bank of England will decide to cut interest rates the following day.

Watch out for Big Wednesday - Bank of England decides financial fate of millions

Gen H's tool to address credit search transparency has been hailed as a “mortgage market game-changer” by brokers.

Gen H credit search tool ‘mortgage market game-changer’

“Plonk a tenner on the Grand National and some lenders think you’re a hustler in Vegas,” said one broker.

Mortgage borrowers who use gambling as a leisure activity “shouldn’t be treated like they’re the Cincinnati Kid”

The changes will come into effect from tomorrow (21st March 2024).

NatWest makes “encouraging” changes to new business mortgage products

Ahead of tomorrow’s inflation data, TSB has just announced that, from Wednesday 20 March, it is increasing fixed rates by up to 0.25% across its residential, product transfer and additional…

‘It’s starting to feel like the walls are closing in’ as TSB increases fixed rates by up to 0.25%

From tomorrow TSB will implement rate hikes on various mortgage products, impacting first-time buyers, home movers, and those remortgaging.

TSB announces rate increases across mortgage ranges

Real GDP was estimated to have fallen by 0.1% in the three months to January 2024, compared with the three months to October 2023.

UK economy sees 0.2% growth in January – ONS

Homebuyers and homeowners looking to bag a sub-4% mortgage rate have until the end of today to bag the last one before they disappear.

Last of the sub-4% fixed deals will be gone tomorrow

Mortgage lenders such as Nationwide have been changing rates ahead of Wednesday’s inflation announcement. But why, and how will it impact mortgage holders?

What’s happening to your mortgage as lender hikes rates ahead of inflation statement

The latest changes come ahead of a big week for economic data, which should provide a clearer picture of the Bank of England’s interest rate plans

‘Mixed messages’ in mortgage market: Nationwide ups rates on same day Santander cuts

However, brokers said the change was unlikely to be the first step in a wave of big price increases

Santander becomes first ‘big six’ lender to raise mortgage rates this year

The mortgage rate war &ldquo;rages on&rdquo; as major lenders have announced a fresh round of rate reductions.

Rate war ‘rages on’ as major lenders announce cuts

The Nationwide Building Society’s house price index for 2023 shows a 1.8% decrease in UK house prices compared to the previous year.

UK house prices drop 1.8% in 2023, Northern Ireland and Scotland see rises

EXCLUSIVE: Business leaders say confidence in the BoE’s ability to manage UK Plc is at an all time low.

Expert says there’s ‘still time’ to save UK economy from ‘rock bottom’ recession

It is a matter of time before individuals see the emergence of a sub-4 per cent mortgage rate following a fall in Swap rates, according to brokers.

Clock is ticking on sub-4% mortgages after fall in Swap rates

The last year has seen a ‘return of real broking’, brokers have suggested, with businesses previously ‘playing on easy mode’.

‘The return of REAL broking’: brokers reflect on big lessons of 2023 - Mortgage Solutions

This morning, Gen H introduced another round of rate reductions ahead of the festive break, cutting its entire product range by up to 0.25%.

“It’s beginning to look a lot like Christmas” – brokers react to Gen H rate cuts

The number of homes sold the in the UK fell sharply in October, official data showed on Thursday.

Residential transactions fall in October - HMRC

November witnessed a 0.2% increase in UK house prices, the most significant annual improvement since February 2023.

UK house prices edge up in November, showing signs of recovery

HMRC’s latest statistics show a downturn in UK residential property transactions in October 2023 compared to last year, while non-residential transactions saw a modest increase from September.

UK residential transactions decrease in October 2023, with a slight rise in non-residential deals, HMRC reports

Mortgage rates have been on the rise but lenders such as Santander are continuing to help property owners during a trying time.

Santander slashes mortgage rates again - and it’s going to help property owners

Brokers have welcomed the latest round of rate cuts from a major lender. Today, Santander has revealed that, on Wednesday 29 November, it is reducing selected residential and buy-to-let fixed…

The ‘ripple effect’ predicted as Santander announces further rate cuts

Residential and buy-to-let rates are reducing by up to 29bps.

Santander reduces new business and product transfer rates

The banks are now offering some deals with interest rates below five percent despite swap rates increasing slightly in the past few days.

Barclays, Halifax and NatWest slash mortgage rates again this week

NatWest is now offering a residential two-year fixed remortgage from 4.87%.

Halifax and NatWest cut rates by up to 1.06%

At Contractor Mortgage services Ltd we specialise in helping customers from all types of employment find the right mortgage and protection products to meet their individual needs. <br>We take pride in tailoring our service as one of the best contractor mortgage brokers in the UK to each customers needs no matter whether they are contractors, self employed or employed clients.

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