29/04/2026
After a flurry of rate increases over the last few months, April has seen lenders start to reduce their rates again. HSBC are leading the charge, reducing rates tomorrow for the third time in as many weeks! Other lenders that have announced rate reductions include Santander, TSB, Virgin Money, Barclays and Aldermore, with some cuts as high as 0.60%.
This is encouraging news for anyone looking to buy, remortgage, or review their current deal. While rates are still changing frequently, competition between lenders is starting to heat up again, and that can only be a good thing for borrowers.
If your current deal is due to end in the next 6 months, now is a great time to review your options and secure a rate early while keeping an eye on further reductions.
