Monday, January 25, 2010

And they’re under starters orders!!!

Skipton makes first move in a rate rise rush for societies

Mortgage rates are set to soar for hundreds of thousands of borrowers after the Skipton this week announced plans to raise its standard variable rate by almost half – despite there being no increase in the bank base rate for a year. And other building societies are likely to follow Skipton's lead warns Melanie Bien, director of independent mortgage broker Savills Private Finance.

Posted by mr cobblepot @ 09:24 AM (876 views)
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