BBC News - Mortgage competition hots up as rates decision looms

Aaron Strutt Image

Competition between mortgage lenders has intensified ahead of a key decision on interest rates by the Bank of England.

A host of lenders have made reductions to the cost of new fixed-rate mortgages in recent days.

Aaron Strutt from mortgage broker Trinity Financial told the BBC there was "more positive news" coming from lenders. He suggested anyone who had recently agreed a new deal might still have time to renegotiate something better.

While the moves have led some to suggest sub-4% deals could return to the market soon, others are more cautious.

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