Housing · 23 April 2026

UK lenders slash mortgage rates from today

British homebuyers woke up to the first real relief in months from the mortgage market. HSBC, Santander, Virgin Money and Principality Building Society have all announced cuts to selected fixed mortgage rates from today, with Virgin Money trimming some fixes by up to 0.45%. The moves come a day after UK inflation climbed to 3.3% in March, though Virgin is simultaneously raising some tracker rates.

By BriefTea Editorial · 23 April 2026 at 8:53

Reported by Mortgage Strategy · How we write briefs

Get the app

More briefs

GeneralGoogle paying £260m to settle UK Play Store developer lawsuit PoliticsJames Cleverly steps down from the shadow cabinet to campaign for London mayor GeneralThe UK Navy just followed four Russian ships again GeneralSarah Ferguson is moving back to the UK following the Epstein scandal GeneralIcelanders vote on restarting EU membership talks after 13 years GeneralGoogle now auto-expands AI answers, pushing links down Browse all stories →