PRESS COVERAGE
Mortgage rates slashed on 100 deals as banks fight to 'poach borrowers from competitors'
Rate cuts across 100 mortgage deals in a single competitive move prompted GB News to seek Adrian Anderson's assessment of what was driving lender behaviour. He explained that the price war reflected competition for a shrinking pool of applicants in a market where transaction volumes had fallen sharply, and urged borrowers to move quickly - reduced rates can be withdrawn just as fast as they appear. Whole-of-market broker access, he noted, remains the most reliable way to track and secure the best available deals.
Extract Published - 2nd February 2023