This page covers news and analysis on early repayment charges, including lender policy changes and customer outcomes. Scroll down to understand how ERCs are shaping refinancing and overpayment decisions.
Geopolitics and weak growth complicate the path to lower rates
Fixed rates below 4% set to vanish as lenders continue to reprice
Check back weekly or favourite this page to keep an eye on the ever-changing rates.
Buy to Let borrowers can take advantage of a short-term fixed rate with Nationwide from 2.99% with a product fee of 2% of the total loan amount. Barclays are offering 4.78% with no product fee for Existing Customers looking for a short-term fixed rate. TSB are also offering an Existing Customer Product Transfer Residential fixed rate at 5.70% with no product fee.
TSB mortgage rates for existing customers are currently offered in 2, 5, and 10-year terms. See what mortgage rate may work best for you as a current customer of TSB!
HSBC mortgage rates for existing customers are currently offered in 2, 3, 5, and 10-year terms. See what mortgage rate may work best for you!
Growth will stall unless more advisers consider second charge as a funding option, she also warns
What are they telling clients ahead of the central bank’s rate call?
A fourth pledge joins the existing framework as the bank seeks to reinforce confidence
As digital mortgage platforms grow, brokers face rising pressure to prove that advice still adds enduring value
