5 major UK banks increased mortgage rates due to market pressure, causing concern among mortgage brokers.

Santander, NatWest, Halifax, Co-op Bank, and Principality BS have increased their mortgage rates. This follows a trend of other high street lenders hiking rates as the mortgage market faces upward pressure. Mortgage brokers have expressed disappointment and concern over the rate increases, especially as the property market is already experiencing a challenging time.

March 11, 2024
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