Barclays and HSBC to cut fixed-rate mortgage deals

Other lenders likely to follow suit as analysts say cuts of up to 0.31 percentage points could fuel ‘summer of savings’Business live – latest updatesHSBC and Barclays are cutting rates on their fixed mortgage deals in what some brokers claim could be the start of a “summer of savings” for homebuyers and those looking to remortgage.Barclays has reduced rates by more than 0.25 percentage points in some cases from Tuesday, and its cuts led to a quick response from HSBC