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Fixed Rate Mortgage Announcements

Hello

I'm wondering if there's anywhere where banks announce changes to their fixed rate mortgages? Do they publish these in advance or are they just changed on the day without notice?

Thanks!

Comments

  • simon_or
    simon_or Posts: 890 Forumite
    500 Posts First Anniversary Name Dropper
    edited 25 June 2022 at 4:23PM
    My broker said she gets emails notifying her of upcoming rate changes. The banks don't always give a lot of notice though, it can be a few hours to a few days I think. I imagine they publish this information on their intermediary websites as well but perhaps only after the fact.
    I had a BTL remortgage in April which I remember having to rush as my broker emailed in the morning saying that she'll need to put in the full application by 8pm that evening to get the rate and to send across some pending documents that I hadn't yet.
    I don't know if there's anything similar for the direct to bank borrowers.
  • KFTB
    KFTB Posts: 18 Forumite
    10 Posts First Anniversary Name Dropper
    This is really useful, thank you
  • I've been wondering this too. Are there still banks who have yet to raise their rates following last week's announcement, or have they all done it now?
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