SMF - Just Installed!

Which lenders are passing on the cut?

Started by propertyfag, January 08, 2009, 02:07:08 PM

Previous topic - Next topic

propertyfag

As the BBC says...

Most mortgage customers with tracker deals will automatically have the cut in interest rates passed on to them by their bank or building society.

Customers with an average £150,000 repayment mortgage will see their monthly bill drop by £46.

Those tracker deal customers with a £250,000 mortgage will see their monthly payments drop by £76.

But those on standard variable rate deals must wait for a decision from their lender, most of which are currently saying their rates are under review.

If anyone has any news on any lender, please keep us informed!

Badger

Its a crazy world at the mo Fag dont you think.  I have a feeling they are going to be giving us money soon to have a mortgage with um.

davidansler45

Unsecured loan lenders provide low apr.

doreanjonson

The banks do not pass it last time will this time, and those who did the last time, will do around 0.85 currently.

russelhowards

However, the standard variable rate deals must wait for a decision from their lender, many of whom are saying that their rates are under review.