Everything you need to know about remortgaging in 2024 [Yahoo! Finance]
Lloyds Banking Group Plc American Depositary Shares (LYG)
US:NYSE Investor Relations:
lloydsbankinggroup.com/investors
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Source: Yahoo! Finance
fall – some lenders, in fact, have increased rates a little since the start of the year. This is due to the expectation that the Bank of England might hold the Bank Rate at its current level of 5.25pc – where it's been since August 2023 – for longer than first thought. Inflation is another factor that can affect interest rates. The Consumer Prices Index (CPI) measure of inflation rose by 3.2pc in March, down from 3.4pc in February, according to the latest figures from the Office for National Statistics. Despite the fall, it was not enough to budge the Bank Rate, which was held once again at the most recent Monetary Policy Committee meeting. The results of the next meeting are due to be announced on May 9. More than 1.5 million homeowners are due to reach the end of fixed-rate mortgage deals throughout 2024, with many being forced to refinance at rates that are double what they are used to. January was a busy period for remortgagers as 192,000 fixed deals expire – the most of
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LYG
News
- More UK companies plan price rises but wage expectations cool, Lloyds says [Reuters]Reuters
- Our Pick Of The Best Lenders And Deals For Remortgaging [Forbes]Forbes
- Focus: Britain's NatWest share sale to test UK equity market upswing [Reuters]Reuters
- Spain's Bankinter takes on Irish banks with deposit move [Reuters]Reuters
- High interest rates aren't helping banks as they did before—just ask NatWest, whose profits fell 27% in the first quarter [Fortune]Fortune
LYG
Sec Filings
- 4/29/24 - Form 6-K
- 4/29/24 - Form 6-K
- 4/29/24 - Form 6-K
- LYG's page on the SEC website