Published Date:
16 June 2009
By ANDY BURRIDGE
TWO of the UK's biggest mortgage lenders have announced they are increasing the cost of their fixed-rate mortgage deals following steep rises in wholesale funding costs.
Cheltenham & Gloucester is repricing its entire fixed-rate mortgage range offered through intermediaries from today.
Halifax, which is also part of the Lloyds banking Group, is raising the cost of selected fixed-rate mortgages available through intermediaries from tomorrow. The two lenders declined to say by how much they were hiking their rates.
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Last Updated:
15 June 2009 10:15 PM
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Source:
The Scotsman
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Location:
Edinburgh
