HSBC, Barclays and NatWest are among the major high street lenders reducing mortgage rates as experts are claiming “things are looking a lot more optimistic” the Bank of England will cut the base rate. Interest rates have remained relatively high due to the central bank’s decision to raise the UK’s base rate in its fight to ease the consumer price index (CPI) rate of inflation. Earlier this week, Barclays reduced the cost of its fixed-rate home loans for new deals on Tuesday, shortly after NatWest carried out a similar rate cut across its line of mortgage products. From today, HSBC has also cu…
