Barclays, Notts, Moda and CHL raise rates – Mortgage Strategy

Barclays, Notts, Moda and CHL raise rates – Mortgage Strategy



Barclays is increasing rates tomorrow by up to 16 basis points, while Nottingham Building Society, Moda and CHL are also raising prices.

Elsewhere, Leeds Building Society, Hinckley & Rugby, Coventry are cutting rates.

At Barclays, residential purchase, remortgage and existing customer deals will all see price rises.

The biggest increase is to its five-year fixed existing mortgage customer Reward deal at 60% loan-to-value with no fee, which will rise by 16bps from 3.99% to 4.15%.

Moda Mortgages emailed brokers to say it will be withdrawing selected five-year fixed rates from its limited edition range at 5pm today.

Replacement products will launch tomorrow with rates increased by up to 10bps, it says.

More to follow…


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