Santander, HSBC, Nationwide become first to make change to accounts after Bank of England update
Santander, HSBC, and Nationwide will increase tracker mortgage rates by 0.25% following the Bank of England's rate hike to 4%. The change will affect homeowners with tracker or SVR mortgages, increasing monthly payments. Fixed-rate mortgages, which make up 87% of UK mortgages, remain unaffected until their current deal ends.






