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• As well as increases to remortgage rates, Halifax has increased the cost of borrowing across its range of home mover, first-time buyer, and product transfer and further advance deals .

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June: Nationwide To Increase Rates Tomorrow

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This includes an increase to the mutual lender’s 5,000 deposit mortgage for first-time buyers – a fee-free, five-year fixed rate deal launched last month – from 5.99percent to 6.39percent. HSBC is increasing fixed rates for existing residential and buy-to-let borrowers looking for a new deal, and for those looking to switch to a new fixed rate and increase their borrowing. Two, three, five and 10-year fixed rate product transfer deals are increasing at 60percent LTV up to 90percent LTV.