UK mortgage rates shift as major lenders diverge on pricing
NatWest raised selected mortgage rates by up to 24 basis points from May 21, while Barclays and Santander cut some high loan-to-value deals. The Bank of England base rate remains at 3.75%. UK Finance expects 1.8 million fixed-rate mortgages to end in 2026, with average two- and five-year fixed rates at 5.14% and 5.15% respectively, according to Rightmove.