Barclays to up mortgage rates in December

Barclays will up its variable mortgage rates by 0.25% on December 1.

Its residential standard variable will be 4.99%, while its buy-to-let SVR will increase to 5.49%.

The Bank of England increased interest rates yesterday for the first time in a decade, from 0.25% to 0.50%.


Written by: Houseladder