Friday, Aug 18, 2006

Roundup of the various banks reactions to the rate rise

Money Extra: Mortgage/savings rates - Who has done what

Two weeks on from the Base Rate increase financial data provider Moneyfacts notes that only half of UK mortgage providers have announced changes to their SVR (Standard Variable Rate), with some of the big players on the high street, namely Woolwich (Barclays), HSBC and NatWest, still to decide on mortgage rates.

Posted by Webmaster @ 10:42 AM (475 views)
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1 Comment

1. Gatecrasher said...

Hi,

Does someone know how far property would have to fall and IRs rise before they cancel each other out? So if cheaper houses do become available, could it be cancelled out by higher interest rates?

Friday, August 18, 2006 06:39PM Report Comment
 

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