interest rate

The Bank of England has slashed interest rates by a further 1.5% to boost Britain's ailing economy.

Cheltenham & Gloucester (C&G) has withdrawn its tracker range after other lenders moved to re-price tracker products.

First time buyers should not even consider seeking a mortgage without putting down a 25% deposit, says Moneysupermarket.com's mortgage expert, Louise Cuming.

The Bank of England tomorrow faces its toughest interest rate decision since it was given independence more than a decade ago, experts say, as pressure for a 1% cut builds.

Eight in ten mortgage lenders have failed to pass on the full benefit of the last three interest rate cuts to their customers, according to Moneyfacts.co.uk.

Abbey has today cut some of its fixed rate mortgages by up to 0.35%, while holding rates on its tracker products.

Alliance & Leicester says it will withdraw all two-year tracker mortgages from its range by the end of today.

Demand for fixed rate mortgages is on the up despite a surprise interest rate reduction this month and the prospect of further cuts on the horizon.

Nationwide has announced it will increase rates on its tracker mortgages from tomorrow.

Three in four UK mortgage lenders have not passed on the Bank of England's full 0.5% base rate reduction to their variable rate customers.