Get all your news in one place.
100's of premium titles.
One app.
Start reading
Daily Mirror
Daily Mirror
Business
August Graham, PA Business Reporter & David Clark

UK lenders start withdrawing mortgage deals as pound plummets and economy shaky

Banks and building societies have responded to the market chaos caused by the Government's mini-budget by withdrawing some of their mortgages from sale.

Three lenders have so far withdrawn some of their products amid the uncertainty that saw the pound tank on Monday, sparking predictions of spiralling interest rates.

Virgin Money said: “Given market conditions we have temporarily withdrawn Virgin Money mortgage products for new business customers.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.