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The Guardian - UK
The Guardian - UK
Business
Rupert Jones

Fixed-rate mortgages below 4% back on sale in UK

Nationwide Nicholas Mendes HSBC
For sale signs
The last time a five-year fixed-rate mortgage priced at below 4% was available was at the end of February. Photograph: Andrew Matthews/PA

Fixed-rate mortgages priced below 4% are back on sale for homebuyers for the first time since February, with brokers hoping it is “a sign of things to come”.

Nationwide Building Society said from Wednesday it would be cutting rates by up to 0.25 percentage points across its two-, three- and five-year fixed mortgage products.

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