Mortgages withdrawn from sale as market reels after mini-budget

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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 Virgin Money and Skipton Building Society have temporarily withdrawn their entire mortgage product range, while Halifax, the country's largest mortgage lender, said it is to remove fee-paying mortgages.Halifax's changes are to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.

I bet everyone thinks to invest now, with no borrowing 😂

😑

time for some mass resignations at least 6 ministers collaborated on this fiscal plan

Ffs this idiot has broke the economy with a mini budget. And they don't give a shit. Arrest them all now. arrestatory

Many people’s dreams wrecked.

Yeah, they’ll be back in a day or so with higher rates.

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Source: TheEconomist - 🏆 6. / 92 Read more »