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Co-operative Bank

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Situations

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UK mortgage rate and housing market fluctuations

4 clusters · 11 sources · last updated

Latest: Global mortgage rates face upward pressure amid rising bond yields

UK mortgage rates have maintained an upward trend, reversing previous declines. In July, average new mortgage rates increased by 0.12%, rising from 5.47% to 5.59% by early August. This shift has been attributed to rising

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UK retail bank switching competition

2 clusters · 2 sources · last updated

Latest: UK banks compete with current account switch incentives

UK retail banks are engaging in competition for new customers by offering cash incentives for switching current accounts. Research indicates that British savers may lose approximately £12bn in annual interest by remainin