www.independent.co.uk
Here is the summary:
The UK’s largest building society, Nationwide, has lowered its fixed-rate mortgages, a move that industry experts say is significant enough to “turn heads.” The reductions, which affect both homebuyers and remortgage customers, signal a potential shift in the competitive lending market. This proactive pricing strategy is expected to attract borrowers and puts pressure on other lenders to follow suit. Analysts believe these cuts reflect falling swap rates and a desire to boost market share in the property sector.
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