More mortgage providers pull deals over rate rise fears

More mortgage providers pull deals over rate rise fears

74,828 View

Publish Date:
4 October, 2022
Category:
Mortgages
Video License
Standard License
Imported From:
Youtube

Two more of the biggest mortgage providers have suspended mortgage deals as the Bank of England signalled it would raise interest rates to rein in inflation after the Chancellor's mini-budget.

Santander and HSBC withdrew mortgage products as the Bank's Chief Economist indicated it would hike interest rates to new highs in November and the cost of UK government borrowing rose.

#mortage #costofliving #crisis #government #lending

SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews
Follow us on Twitter: https://twitter.com/skynews
Like us on Facebook: https://www.facebook.com/skynews
Follow us on Instagram: https://www.instagram.com/skynews

For more content go to http://news.sky.com and download our apps:

Apple: https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8
Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB

Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí https://www.youtube.com/channel/skynewsespanol

To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales


Did you miss our previous article...
https://realestatevideos.club/Mortgages/rates-up-across-the-board-october-mortgage-interest-rate-update