- Lloyds Bank releases new Digital ID app with Yoti
- Uptober arrives for crypto as bitcoin and ether prices move higher-Hargreaves Lansdown
- Artificial Intelligence and Banking: how is AI reshaping the industry?-Lanistar
- Digital Identity Verification Checks to pass the 7bn mark in 2024, as businesses prioritise Fraud Prevention
- Business confidence dips in September-Lloyds
- Market Report-Hargreaves Lansdown
- Global Financial Centres Index 34-confidence in International Financial Centres’ future is strong-Z/Yen Group expired
- Timings of Basel 3.1 implementation in the UK-PRA expired
- Demand for fixed savings rates soars-NatWest expired
- Global Crypto Adoption Index declined by almost 60% Since Q2 2021-Bankless Times expired
- Cost to borrow rises across credit cards and loans-Moneyfacts expired
- Starfish Digital and Standard Chartered partner to support demand for real-time cash management data expired
30th May 2023
Mortgage choice falls as deals are pulled from sale-Moneyfacts
Borrowers comparing mortgage options may notice lenders have pulled deals from sale. The latest analysis from Moneyfactscompare.co.uk reveals the reduction in product choice across both the residential and buy-to-let sector and the impact on average mortgage rates:
-Within the residential mortgage sector: Bank of Ireland UK, Bath Building Society, Furness Building Society, Newcastle Building Society, Halifax, Hinckley & Rugby Building Society, Hodge, Kensington, LendInvest, Marsden Building Society, MPowered Mortgages, Principality Building Society, Scottish Building Society and Vernon Building Society pulled selected fixed mortgage products over the past few days. Aldermore, Foundation Home Loans and Tipton & Coseley Building Society have pulled their entire fixed rate range.
-Since the start of last week, the number of mortgages has fallen from 5,385 deals to 5,012.
-The average rate on a two-and five-year fixed mortgage has risen to 5.38% and 5.05% respectively since the start of May 2023.
Moneyfacts Trends(206 articles)