Democorruptcy Posted May 24, 2017 Share Posted May 24, 2017 At the moment it's still 3.12% but dropping to 2.61% from the 18th June. https://www.gov.uk/support-for-mortgage-interest/what-youll-get The governbankment happy to pay bankers (via debtors) a much higher rate than NS&I offer savers. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted May 24, 2017 Share Posted May 24, 2017 The system is, AFAICT, criminal Quote Link to comment Share on other sites More sharing options...
spyguy Posted May 24, 2017 Share Posted May 24, 2017 1 hour ago, Democorruptcy said: At the moment it's still 3.12% but dropping to 2.61% from the 18th June. https://www.gov.uk/support-for-mortgage-interest/what-youll-get The governbankment happy to pay bankers (via debtors) a much higher rate than NS&I offer savers. Isn;t this moving to a cahrge rather than Browns free money! Quote Link to comment Share on other sites More sharing options...
Democorruptcy Posted May 24, 2017 Author Share Posted May 24, 2017 2 hours ago, fru-gal said: Huh. Isn't it a good thing that the interest rate is dropping? Surely the taxpayer should be paying as little as possible in support to people on SMI? And if the interest on their mortgages have fallen why should the SMI rate be higher than that? It's better that the interest rate is dropping... again.... at last....but it feels to me like the stable door is still open and several horses are running loose. Quote Link to comment Share on other sites More sharing options...
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