We assume you may already be aware of this news, but in case you are not, we would like to inform you: In the past week, three of the UK’s largest lenders have reduced their fixed mortgage rates in anticipation of interest rate cuts following the election. HSBC has joined Barclays and NatWest in lowering home loan costs, with expectations that more lenders will follow suit. Effective June 26, the bank reduced rates on its residential and buy-to-let mortgages.