![UK banks start cutting ‘Truss premium’ from mortgage rates, but slowly](https://dailytalks.org/wp-content/uploads/2022/10/6852-uk-banks-start-cutting-truss-premium-from-mortgage-rates-but-slowly.jpg)
Having hiked mortgage rates after political turmoil drove up the cost of borrowing, British banks are now cutting home loan prices, albeit slowly, as markets calm since Liz Truss’s government collapsed and Rishi Sunak took power.
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Having hiked mortgage rates after political turmoil drove up the cost of borrowing, British banks are now cutting home loan prices, albeit slowly, as markets calm since Liz Truss’s government collapsed and Rishi Sunak took power.
Read More