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Panda

Funding For Lending...

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I cannot seem to find it, but Zugwang outlines the costs quite clearly somewhere...

I know its ended to private property transactions, well with Help to Sell it had to.....

But when it was running what was the cost to the bank, by the bank i mean say Nationwide B/S....What rate do they pay the BoE and what other costs are associated?

What i am trying to understand, is from my findings FLS was the cheapest way funding for mortgages could be financed via the back door to the BoE.

So could say the Nationwide borrow at what 0.5% plus what, what was the lowest rate they could borrow long term at, not over night...

Edited by Panda

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