Ten Things You Need to Know Today: Saturday 25 Jul 2015

1. Lenders prepare to scrap best mortgage deals

Banks and building societies are to begin withdrawing their best mortgage deals next week, reports the Daily Telegraph. As home owners rush to beat the expected rise in interest rates this winter, two of Britain's biggest lenders, Barclays and Santander, are planning increases for Monday and Tuesday that will add hundreds of pounds to the cost of new loans.

The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

Join more than 350,000 subscribers and keep yourself informed with a selection of The Week’s most interesting, enlightening and entertaining stories - plus daily puzzles.

Join more than 350,000 subscribers and keep yourself informed with a selection of The Week’s most interesting, enlightening and entertaining stories - plus daily puzzles.

Sign up
Latest Videos FromThe Week
Explore More