Reduction follows Bank of England’s base cut in December, with further cuts expected this year
HSBC has become the first major lender to cut mortgage rates this year, a move that could spark a price war over the coming months.
The banking group, which is one of the UK’s largest mortgage lenders, has cut rates across a range of residential and landlord buy-to-let mortgage products. The new rates come into effect on Monday.
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Source link : https://www.theguardian.com/business/2026/jan/04/hsbc-first-big-uk-lender-cut-mortgage-rates-2026
Author : Mark Sweney
Publish date : 2026-01-04 15:54:00
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