Lender product withdrawals in light of ongoing economic volatility dominated most read this week.
Rising swap rates, falling bound and base rate increases have led to multiple lenders temporarily pausing lending, withdrawing and repricing products.
Brokers have also reported an increase in clients coming them willing to pay early repayment charges to leave deals and have said they are proactively reaching out to remortgagors to prepare them for potential payment shocks.
UK mortgage lenders freeze in pricing dilemma as swap rates surge
Lenders pull fixed rate deals amid economic uncertainty with more to follow
Brokers reaching out to rate-shocked remortgagors
More rate hikes on the way – Maddox
Santander updates affordability criteria
Nationwide and Halifax up rates; VM new products; Notts relaunch; Natwest ‘open for business’; TSB withdraws products – round-up
Nationwide BS to up fixed and tracker mortgage rates
HSBC to temporarily withdraw new business resi and BTL products
Brokers ‘swamped’ by clients willing to pay to leave fixed rates ‒ analysis
Atom Bank and Accord Mortgages withdraw select products – round-up
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
