Mortgage experts

Are banks having a laugh?

Share this content:

High street banks have been accused of not passing on a reduction in mortgage rates to customers. The recent downward movements in cash markets should have seen a reduction for the people of Ballymena and Antrim.

Some lenders are offering fixed-fee mortgage deals that are 50%  more expensive than what they had been offering up to three months ago, even since  “swap prices” that decide the pricing of new fixed rates, have fallen.

A local building society is offering a two year fixed rate of 3.33% with no fee. This is with a LTV of less than 65%. This is the best market rate in Northern Ireland today.

So are accusations of profiteering justified?

This error message is only visible to WordPress admins

Error: No feed found.

Please go to the Instagram Feed settings page to create a feed.

Latest Posts

Share This Post

Twitter
Facebook
WhatsApp
Email
Print
LinkedIn