{"id":74843,"date":"2026-07-02T07:54:19","date_gmt":"2026-07-02T07:54:19","guid":{"rendered":"https:\/\/www.europesays.com\/britain\/74843\/"},"modified":"2026-07-02T07:54:19","modified_gmt":"2026-07-02T07:54:19","slug":"barclays-and-santander-cut-mortgage-rates-as-repricing-wave-continues","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/britain\/74843\/","title":{"rendered":"Barclays and Santander cut mortgage rates as repricing wave continues"},"content":{"rendered":"<p>TSB also <a href=\"https:\/\/www.mpamag.com\/uk\/glossary\/reduced-rates\/558479\" rel=\"nofollow noopener\" target=\"_blank\">reduced rates<\/a> across its residential, buy-to-let, product transfer and additional borrowing\u00a0ranges, with two-, three- and five-year fixed rates for house purchase falling\u00a0by up to 20bps, and remortgage rates sliding\u00a0by up to 15bps.<\/p>\n<p><img decoding=\"async\" alt=\"Rachel Geddes of Mortgage Advice Bureau\" src=\"https:\/\/www.europesays.com\/britain\/wp-content\/uploads\/2026\/07\/0376_639160714178504044.png\" style=\"height: 30%; width: 30%; margin-left: 5px; margin-right: 5px; float: right;\"\/>&#8220;Back-to-back <a href=\"https:\/\/www.mpamag.com\/uk\/glossary\/rate-reductions\/558478\" rel=\"nofollow noopener\" target=\"_blank\">rate reductions<\/a> from Santander, Barclays, and NatWest this week are a clear sign that competition in the mortgage market is gathering pace,&#8221; said\u00a0Rachel Geddes (pictured right), strategic lender relationship director at\u00a0<a href=\"https:\/\/www.mpamag.com\/uk\/companies\/mortgage-advice-bureau\/490744\" rel=\"nofollow noopener\" target=\"_blank\">Mortgage Advice Bureau<\/a>.\u00a0<\/p>\n<p>&#8220;Although these reductions won&#8217;t transform <a href=\"https:\/\/www.mpamag.com\/uk\/news\/general\/mortgage-affordability-tightest-since-2008\/574071\" target=\"_blank\" rel=\"nofollow noopener\">affordability<\/a> overnight, they add to the momentum we&#8217;ve seen in recent weeks as lenders compete more aggressively for business. Borrowers who are ready to act are therefore likely to find a wider range of competitive options available.<\/p>\n<p>&#8220;With rates and products changing regularly, speaking to a mortgage adviser should be the first port of call. They can help borrowers compare the options available, understand what they&#8217;re eligible for, and secure a deal that&#8217;s right for their circumstances.&#8221;<\/p>\n<p>Want to be regularly updated with mortgage news and features? Get exclusive interviews, breaking news, and industry events in your inbox \u2013 subscribe to our <a href=\"https:\/\/www.mpamag.com\/uk\/newsletter\" target=\"_blank\" rel=\"nofollow noopener\">FREE daily newsletter<\/a>. You can also follow us on <a href=\"https:\/\/www.facebook.com\/MortgageIntroducer\" target=\"_blank\" rel=\"nofollow noopener\">Facebook<\/a>, <a href=\"https:\/\/twitter.com\/MortgageChat\" target=\"_blank\" rel=\"nofollow noopener\">X (formerly Twitter)<\/a>, and <a href=\"https:\/\/www.linkedin.com\/company\/mortgage-introducer\" target=\"_blank\" rel=\"nofollow noopener\">LinkedIn<\/a>.<\/p>\n<p>                            <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"TSB also reduced rates across its residential, buy-to-let, product transfer and additional borrowing\u00a0ranges, with two-, three- and five-year&hellip;\n","protected":false},"author":2,"featured_media":74844,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[21264],"tags":[3343,33957,6240],"class_list":["post-74843","post","type-post","status-publish","format-standard","has-post-thumbnail","category-barclays","tag-barclays","tag-major-lenders","tag-santander"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@UnitedKingdom\/116849309354969164","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/74843","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/comments?post=74843"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/74843\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media\/74844"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media?parent=74843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/categories?post=74843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/tags?post=74843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}