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In the UK, three major lenders, Nationwide, Santander, and NatWest, have announced increases in their mortgage rates, putting additional pressure on the housing market. This series of rate hikes has been attributed to a jump in mortgage payments, significantly impacting house prices which are now under downward pressure.
Nationwide, Santander and NatWest to raise mortgage rates https://t.co/TVgRtsMgmh
Watch Business Live with @IanKingSky, as three major lenders announce further hikes in mortgage rates https://t.co/JSD8Nk9Trf https://t.co/mUcVuma6M5
Three major lenders to raise mortgage rates https://t.co/6PtKJxDjz5
