Which? Does it pay to stay loyal to your mortgage lender?
Nov 14, 2025
Join mortgage expert Sam Wilson from Which? and David Hollingworth of L&C Mortgages as they dive into whether loyalty to your lender really pays off. They dissect the recent mortgage trends and the varying rates from major banks like Santander and Nationwide. Sam reveals insights on how existing customers often miss out on better deals, while David emphasizes the benefits of shopping around. They also touch on the new Renters' Rights Act, exploring its potential impact on the rental market and landlord behavior.
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Base Rate Held Narrowly
- The Bank of England held the base rate at 4% with a narrow 5-4 vote.
- That close split signals a real possibility of a base rate cut at the next meeting in December.
Inflation Progress Opens Door To Cuts
- The Bank focuses on bringing inflation back to the 2% target and is cautious about cutting too soon.
- Recent inflation and wage data look better than expected, which opens the door to rate cuts sooner than markets had priced.
Monitor Lenders For Small Rate Drops
- Check the market frequently because major lenders have recently cut fixed rates by around 0.1–0.2 percentage points.
- Use updated best-rate tables to find the current lowest deals for your exact circumstances.