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Trump's Turmoil results in big-time savings for borrowers: "My buyers this morning are over the moon"

Journalist: Justin Moy, Contributing Editor

ended 11. April 2025

The turmoil caused by Trump's tariffs is translating into significant savings for borrowers, Newspage can reveal. Following rate cuts announced by the Coventry this morning, one broker, Michelle Lawson of Lawson Financial, has reviewed a mortgage application for a first-time buyer. In recent weeks alone, the buyer's rate has fallen from 5.41% to 4.87%, equating to a saving of £1,977 over a 2-year term. “A good broker has the ability to turn Trump's tomfoolery into tangible savings”, added Ben Perks of Orchard Financial Advisers. More views below. This News Alert will remain open all week and more case studies will be added by brokers as they emerge.

5 responses from the Newspage community

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Katy Eatenton
Mortgage & Protection Specialist at Eatenton Finance
Mortgage advisers are worth their weight in gold and can save people hundreds or thousands of pounds by switching products and lenders throughout the buying or remortgaging process. Rates are dropping dramatically at the moment so applications and products will need amending, often very quickly. In-house advisers don’t do this. It may be free visiting your bank's adviser, but the savings made by having a good proactive broker far outweigh the fees.
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Michelle Lawson
Director at Lawson Financial
My buyers this morning are over the moon. There may be carnage in the markets but the one silver lining is falling mortgage rates, as announced by the Coventry this morning. First-time buyers need all the help they can get so having a good broker onboard who reviews their products is a huge benefit. Why would anyone risk going direct to a lender and losing savings like this?
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Ben Perks
Managing Director at Orchard Financial Advisers
A good broker has the ability to turn Trump's tomfoolery into tangible savings. Whilst global markets are all over the place, the ever-resilient UK mortgage markets seems to be firing on all cylinders. Chat with a reputable broker and make sure you’re taking advantage of these rates while they last.
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Pete Mugleston
Mortgage Advisor & Managing Director at onlinemortgageadvisor.co.uk
The value of working with a mortgage adviser is that they can hunt down the best deals that suit your circumstances. It’s not just about finding a deal either. It’s about ongoing support, market monitoring and ensuring clients benefit from any improvements up to completion. Advisors are there to act in the client’s best interest, often spotting opportunities that borrowers might miss on their own. In a market like this, good advice can make a big financial difference.
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Peter Dockar
Chief Commercial Officer at Gen H (Generation Home)
We had a request in this morning for a case due to complete on the 14th of April. We’ve just reduced our rates and the broker has come in under the wire to request a product change. We can't always make these requests work, but we try, because that lower rate can make a big difference for homeowners. Luckily, in this instance, we were able to oblige. The new rate will be 20 bps lower – it’s a win for everyone.