Santander announces further round of rate reductions
Santander has announced a further round of rate reductions of up to 0.20%, which will go live from Tuesday 22nd August. Free UK news agency, Newspage, asked brokers why lenders are reducing rates given that the base rate is expected to rise further, whether we could see reductions from other lenders and if we are now in a mortgage price war. Their views (and a screengrab of announcement) are below.
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