© 2020 – 2024 AEA3 WEB | AEAƎ United Kingdom News
AEA3 WEB | AEAƎ United Kingdom News
Image default
News

UK mortgage turmoil continues as Santander pulls deals for new borrowers

Move follows decision by HSBC and applies to brokers and online applications as lenders hike fixed rates

Santander is the latest major bank to announce it is temporarily pulling its mortgage deals for new borrowers off sale as the turmoil in the home loans market shows no signs of abating.

Days after HSBC temporarily pulled down the shutters, Santander told mortgage brokers that it would stop accepting new applications for its “new business” residential and buy-to-let fixed and tracker rates at 7.30pm on Monday, with deals not becoming available again until Wednesday 14 June.

Continue reading…

Related posts

China foreign minister tells Blinken relations with the US could slip into ‘downward spiral’

AEA3

Up to 30,000 affordable houses to be scrapped under Tory planning reforms

AEA3

Hancock turns on Tory lockdown sceptics ahead of Covid votes

AEA3