Related topic: Remortgage

Nationwide’s lowest rate now 4.35% for new and existing customers looking to move home.

The transaction marks a step forward in the delivery of faster, more certain digital remortgage completions in the UK.

The changes include a number of new product launches as well as pricing improvements across the existing range.

Geopolitical tensions, cost of living and affordability issues are making mortgage borrowers cautious, the survey found.

First-time buyer rates have seen the largest reductions.

60% LTV two-year fixed rates now start from 4.60%.

Stonebridge’s Mortgage Market Index found that overall mortgage activity rose by 24.6% in Q1.

The lender has lowered rates on its AVM, cashback, and assisted legals products.

The bank has reduced rates across its first-time buyer, home-mover and remortgage ranges.

The lender has reduced residential and buy-to-let rates by 20-25bps.