UK mortgage providers look for the exit in the wake of mini-budget market volatility, which has raised concerns of further interest rate hikes. Virgin Money and Skipton Building Society have temporarily withdrawn their entire range, while Halifax will remove fee-paying mortgages.
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The market turmoil caused by Friday's seismic mini-budget has hit mortgage offerings as providers withdrew partial and entire lending ranges. Virgin Money and Skipton Building Society have temporarily withdrawn their entire mortgage product range, while Halifax, the country's largest mortgage lender, said it is to remove fee-paying mortgages.Halifax's changes are to take effect on Wednesday, while the Virgin Money and Skipton Building Society decisions have already taken effect.
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