It came as it released figures estimating around 750,000 households are at risk of mortgage default over the next two years due to rising interest rates and escalating costs. An estimated two million homeowners are on variable rate deals. The average shelf life of mortgage deals also increased to 28 days, the joint highest since March 2022, and a significant improvement on the 15 days seen last month. In further relief for mortgage borrowers, Moneyfacts has reported the number of mortgage deals available has increased to 4,341 – up from 3,643 last month. From next month, NatWest will allow mortgage customers to make overpayments of up to 20percent of the outstanding balance per year – the previous maximum was 10percent, writes Jo Thornhill.

• With a no deposit bonus valued at 0.5, players can explore one of the most popular slot games, Starburst.
• Santander is cutting selected residential fixed rate deals, available through brokers, by up to 0.11 percentage points from tomorrow .
• Expect to use your free money to raise your incentive funds in order to satisfy wagering criteria for potential funds, not to win a jackpot.
• The fee-free equivalent deal will be increased by 0.07 percentage points to 5.16percent.
• Some brokers have expressed surprise at HSBC’s rate ries, given the growing market sentiment that the Bank of England could cut interest rates this summer.

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