HOMEOWNERS and buyers have been dealt another setback after Barclays became the latest high street lender to increase mortgage rates, pushing up fixed deals by as much as 0.15%.

The move follows similar rises from HSBC and Nationwide Building Society, signalling a broader shift across the market after months of gradually falling prices.

Barclays confirmed that residential purchase and remortgage products will both increase.

Among the changes, its five-year fixed remortgage deal at 60% loan-to-value (LTV) rises from 4.00% to 4.15%. The product requires a minimum £50,000 loan and allows borrowing up to £2 million.

Purchase-only deals are also affected. A five-year fixed rate at 60% LTV with an £899 fee climbs from 3.79% to 3.90%, while a two-year fixed deal increases from 3.77% to 3.85%.

Industry experts say the rises reflect growing funding costs and cooling expectations of imminent interest rate cuts.

Jonathan Alvarez Herrera, mortgage consultant at Ayla Mortgages said: “Barclays’ decision to increase mortgage rates is a clear sign that the recent downward momentum in pricing has stalled. Borrowers had been seeing improvements in recent months, but this repricing shows lenders are reacting to higher costs and changing market expectations.

“Barclays is not acting alone. HSBC and Nationwide have already moved, which suggests this is a market-wide correction rather than an isolated decision.

“With swap rates edging higher, lenders are rebuilding margins. Markets also expect the Bank of England to remain cautious, meaning rate cuts could be slower than previously hoped.”

Mortgage brokers pointed to rising SONIA swap rates and inflation ticking up to 3.4% in December, from 3.2% the month before, as key drivers behind the increases.

The changes may frustrate buyers hoping that 2026 would bring cheaper borrowing costs, particularly first-time purchasers and households coming off fixed deals agreed during the low-rate period.

With several major lenders now moving in the same direction, brokers warn others could follow if funding costs remain elevated.

TRAVELLING to Paris has never been simpler for Welsh holidaymakers, with Air France launching a series of special direct weekend services from Cardiff Airport to the French capital this month.

The limited-period flights offer a convenient, non-stop journey of under two hours to Paris, giving passengers more time to enjoy the city’s culture, cuisine and famous landmarks without the hassle of connections or long road transfers to other UK airports.

Timed perfectly for winter city breaks and Valentine’s getaways, the services run between February 13 and February 16, making them ideal for long weekends.

February is widely considered one of the best times to visit the French capital, with fewer crowds and a relaxed, romantic atmosphere. Visitors can explore world-famous attractions including the Eiffel Tower, the Arc de Triomphe and Notre-Dame Cathedral, browse galleries at the Louvre and Musée d’Orsay, or simply enjoy cafés, bistros and Michelin-starred dining across the city.

With Valentine’s Day falling during the operating period, the flights offer couples an easy escape for scenic walks along the Seine, memorable meals and classic Parisian experiences.

Jon Bridge, CEO of Cardiff Airport, said: “We’re delighted to offer direct flights to such a vibrant city for Valentine’s weekend. Cardiff Airport is expanding its reach, giving customers an easy, friendly travel experience and fantastic options. We’ve listened to passenger demand and are excited to make this opportunity possible, with more to come from Cardiff.”

Seats are available now via airfrance.co.uk and through travel agents. As availability is limited, early booking is recommended.

Flight schedule

Cardiff (CWL) to Paris (CDG)

• Feb 13 – AF4149 – 6:20pm → 8:50pm
• Feb 14 – AF4149 – 3:20pm → 5:50pm
• Feb 15 – AF4149 – 9:20am → 11:50am
• Feb 15 – AF4151 – 9:00pm → 11:30pm
• Feb 16 – AF4149 – 9:20am → 11:50am
• Feb 16 – AF4151 – 5:50pm → 8:20pm

Paris (CDG) to Cardiff (CWL)

• Feb 13 – AF4148 – 5:00pm → 5:30pm
• Feb 14 – AF4148 – 2:00pm → 2:30pm
• Feb 15 – AF4148 – 8:00am → 8:30am
• Feb 15 – AF4150 – 7:40pm → 8:10pm
• Feb 16 – AF4148 – 8:00am → 8:30am
• Feb 16 – AF4150 – 4:30pm → 5:00pm

THE WELSH Language Commissioner has launched a formal investigation into claims that the proposed closure of a rural Carmarthenshire primary school did not properly assess the impact on the Welsh language.

Campaign group Cymdeithas yr Iaith confirmed this week that the Welsh Language Commissioner will examine whether Carmarthenshire County Council complied with its legal duties when producing a language impact assessment linked to plans to close Ysgol Llansteffan.

The council issued a statutory notice last year proposing to shut the village school at the end of the summer term as part of wider education reorganisation. A final decision had been expected this spring.

However, the investigation now creates fresh uncertainty over the timetable.

Complaint over ‘insufficient assessment’

Cymdeithas yr Iaith says it submitted a formal complaint arguing that the council failed to produce a sufficiently detailed assessment of how the closure could affect Welsh-medium education and the wider Welsh-speaking community.

The group claims the authority selectively used data to support closure rather than examining all available evidence objectively.

Two key concerns were raised.

Firstly, campaigners argue there may not be enough places in neighbouring Welsh-medium schools to accommodate pupils from Llansteffan and nearby housing developments, potentially forcing some families into English-medium provision.

Secondly, they say the assessment did not meaningfully consider the school’s role as a community hub or explore ways the site could generate income and support local Welsh-language activities.

On behalf of local members, Ffred Ffransis said: “There will not be places for all the Llansteffan children, nor for the children of the new housing estates, in other Welsh-medium schools in the area.

“The most cost-effective way of providing sufficient places locally in Welsh-medium education is by keeping open Ysgol Llansteffan and making better use of the buildings, including environmental education and community use.”

Formal investigation

In a letter to the group, the commissioner confirmed an investigation will be held under Section 71 of the Welsh Language Measure to determine whether the council complied with Welsh language standards.

The probe could take up to three months.

Campaigners believe this may delay implementation of the closure and could require the council to revisit its assessment and potentially carry out a fresh statutory consultation.

Ffransis said: “Even if the council now decided to make a full and meaningful assessment, there would likely have to be a new consultation. The original decision may have been taken on a faulty basis.”

He added that similar concerns had been raised about language impact assessments connected to other proposed school closures in the county.

Council position

The council has previously said that school reorganisation proposals are driven by falling pupil numbers, financial pressures and the need to ensure sustainable, high-quality education.

Authorities across Wales have faced difficult decisions in recent years as rural rolls decline and building maintenance costs rise.

It is expected the council will respond formally to the commissioner’s investigation in due course.

What happens next

If the commissioner finds that language standards were not properly followed, enforcement steps could be taken and the process delayed or revisited.

For families in Llansteffan, the outcome may determine whether their local Welsh-medium school remains open beyond the summer term.

The Herald has contacted Carmarthenshire County Council for comment.

Further updates will follow as the investigation progresses.