Related topic: Mortgage rates

Bank Rate hasn't moved since March, yet the average two-year fix is almost 0.9 percentage points higher. James Lucas, director at Barcadia Media, says for clients waiting on November's...

Lower rates ranked fourth when movers were asked what would most encourage them to move, behind certainty that a sale will actually complete.

The Society has reintroduced a range of residential and buy-to-let fixed rates following their temporary withdrawal due to swap rate volatility.

A second round of mortgage rate increases has been made by major banks for the second time since the start of September.

Of those who have a mortgage and switched banks, 41% did so to get a better mortgage rate deal and 30% did it to receive an incentive related to their mortgage.

The Society has also reduced rates across its ranges.

A 0.25% rise on a typical two-year fixed rate mortgage would add around £38 to monthly mortgage repayments.

The specialist lender has also launched a limited edition remortgage range with no application fees and free valuations.

The lender has reduced rates by up to 0.25% across selected purchase, remortgage and product transfer options.

Fixed rate pricing now starts from 3.40%.