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The Guardian - UK
The Guardian - UK
Business
Rupert Jones

Leading UK lenders raise fixed-rate mortgage deals amid ‘market uncertainty’

Signs mark homes being sold or available for sale in London
Nicholas Mendes​, at broker John Charcol, said although lenders had ‘adjusted their positions’ borrowers are unlikely to see the same level of volatility and high rates as 2023. Photograph: Andy Rain/EPA

At least five leading lenders increased rates on their fixed mortgage deals on Tuesday in response to “market uncertainty”, adding to pressure on homebuyers and those looking to remortgage.

Barclays, HSBC, NatWest, Accord Mortgages (part of Yorkshire building society) and Leeds building society have all upped the cost of some fixed-rate deals. In some cases these have risen by up to 0.4 percentage points.

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