NatWest launches new 3.77% lowest mortgage rate as Barclays and HBSC make cuts too

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NatWest launches new 3.77% lowest mortgage rate as Barclays and HBSC make cuts too
United Kingdom Latest News,United Kingdom Headlines
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Mortgage lenders have cut rates again at the start of September, with a new lowest rate appearing on the market

NatWest has launched a mortgage deal offering the lowest rate on the market – with other major lenders also announcing cuts to prices.

The deal, which is only available for those buying homes, will go below Halifax’s rate of 3.81 per cent, which is the current cheapest on the market.Barclays is cutting several of its rates from Tuesday, including a reduction on its five-year fix for remortgages, which will go from 4.06 per cent to 3.93 per cent.The NatWest deal comes with a hefty fee of £1,495, so those getting a smaller loan will need to consider whether it is the best option for them.

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