Barclays and TSB customers enjoy Christmas mortgage boost | Personal Finance | Finance
Home buyers have been offered a pre-Christmas boost with two major lenders cutting the cost of mortgages. Both Barclays and TSB have cut interest rates on new deals with rivals expected to follow suit in the coming days fueling hopes of a return of sub-4 per cent home loans.
The falls come as concerns about the impact of the Budget on inflation and interest rates begins to subside. So-called swap rates, which are the interest rates charged by financial institutions to lend to one another,…