Thursday, December 6, 2007
Rate reduction for borrowers? Ah ahhah hahahahha hahah
Katie Tucker at John Charcol, the broker, says: "It's good to see Halifax leading the way, although its SVR was pretty hefty anyway and is still higher than Nationwide's which dropped to 6.99 per cent shortly after the MPC decision." And this is if you qualify for a loan at all!! What an [email protected], useless decision by the MPC today. Just for the benefit of banks' P&Ls.