The UK's independent property information site
|
|
||
|
The UK's independent property information site
|
||
|
|||||||||
| Mortgages Discussions on choosing a mortgages and mortgage options available. |
 |
|
|
LinkBack | Thread Tools |
07-11-2008, 11:50 AM
|
|||
|
|||
Lenders reluctant to pass on rate cut to homeowners
Banks and building societies are under growing pressure to reduce their interest rates in line with the Bank of England’s 1.5% cut in the interest rate.Following yesterday’s rate cut, approximately 30 lenders withdrew their tracker mortgage products from the market. Brokers are warning that the few remaining are likely to be pulled over the weekend.So [...]
More: Lenders reluctant to pass on rate cut to homeowners 
|
|
07-11-2008, 04:49 PM
|
|||
|
|||
|
rate cuts
Many of the big lenders are now passing the rate cuts on via their standard variable rate.
As LIBOR has now dropped by 1% we will hopefully start to see reduced rates for new borrowers as well/
|
|
| Thread Tools | |
|
|
|
|
| » Property Boards |
|
Buying Property
Selling Property
Estate Agents
Solicitors & Legal
Builders & Developments Property Development Home Improvements Buying Property Abroad |
Important Notice: HomeMove.co.uk does not provide professional advice on any aspect of buying, selling, developing or investing property. All posts are provided as lay opinions and not personal professional guidance. You should always seek a qualified professional for professional advice in relation to your personal circumstances. The HomeMove.co.uk forums are not monitored, and the site administrators cannot be held liable for the content of the forum. If you have any objection to any post on the forums, please either use the Report Post feature, or else Contact Us to ensure such content is properly dealt with. We are not responsible for third party links on the site.
