Just a brief heads up to anyone who might be moving or remortgaging at the moment. I got my mortgage offer from Nationwide a month ago at what I thought was a good rate (2.6% fixed for 5 years).
Checked on their website on Friday and the same mortgage has fallen to 2.2% – not expecting much I gave them a call and they were happy to adjust the offer to reflect the new rate. Saves over £100/month in repayments, so well worth the hassle of 20 minutes on the phone.
I assume most banks will be dropping their rates so if you’re in limbo before moving it’s worth checking. Probably not useful to many people but hopefully it helps someone.