Homeloan rates 'start to edge up'

Press Association
Updated
Library file photo dated 28/02/14 of for Sale signs displayed outside houses in Finsbury Park, North London. House prices lifted by 9.4% year on year in February as consumer confidence continues to grow, Nationwide has reported. PRESS ASSOCIATION Photo. Issue date: Friday February 28, 2014. See PA story ECONOMY House. Photo credit should read: Yui Mok/PA Wire


Borrowers searching for a fixed-rate mortgage deal will find that some lenders' rates have started to edge up, experts have warned.

They suggest that the withdrawal of the Government's Funding for Lending scheme for households as well as recent rises in swap rates, which lenders use to price their fixed-rate mortgages, are likely to have put some upward pressure on mortgage rates.

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