Mortgage Deals Getting Better.
The property market is slowing down due to economic concerns and with the number of buyers and number sellers shrinking, mortgage lenders are reacting by looking to take a bigger share of a shrinking market with improved mortgage deals.
Comment
Business is business. If lenders have a stockpile of cash, from savers or indeed borrowed cheapy elsewhere e.g. other Banks or Bank of England, they do not want it sat in their reserves doing nothing.