‘Absolute carnage’ as High Street lenders including Halifax and Santander lift mortgage rates once again
Halifax told brokers last night that its rates for remortgages were going up as much as 0.54%. The unprecedented spate of turmoil in the mortgage market shows no sign of abating with a slew of major High Street lenders once again today pushing up the rates on their home loan deals. Britain’s biggest mortgage lender Halifax led the charge with yet another bout of repricing described as “absolute carnage” by one broker. TSB, Lloyds and Santander as well as several leading building societies also hiked the cost of their products yet again.
