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RBS denies mortgage borrowers full base rate cut RBS denies mortgage borrowers full base rate cut

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Old 01-04-2009, 03:54 PM
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Post RBS denies mortgage borrowers full base rate cut
RBS and its subsidiary NatWest will only be passing on half of yesterday’s base rate cut to mortgage customers on their standard variable rates (SVRs).The lenders are reducing SVRs by 0.25%, although they claim most customers will not be missing out because the majority are either on tracker or fixed-rate deals.In the case of the [...]

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