Why mortgage lenders won't pass on the full cut - Guardian Unlimited

Story date: 2008-11-06 06:05:00
Added on: 2008-11-12 22:52:00

Bank of England rate cuts are not being passed on to homeowners by lenders Lenders have got us over a barrel. If the base rate falls they say they will not necessarily cut their standard variable rates (SVRs); the only way to be sure of a cut is to ...


Read more...

Related Stories:

• Mortgage lenders go slow on rate cuts - International Herald Tribune

  LONDON : A quarter of lenders are yet to announce their mortgage rate intentions, five weeks on from the last interest rate...
  2008-05-15 04:29:00

• Mortgage lenders' small print ruse to block rate cuts (Daily Mail)

  Banks may use the small print in mortgage contracts to prevent borrowers benefiting from future interest rate cuts by...
  2008-11-10 05:41:47

• UK's Darling wants BoE rate cuts passed on (Reuters via Yahoo! UK & Ireland News)

  British mortgage lenders need to pass on Bank of England interest rate cuts to their consumers to reduce pressure on the slowing...
  2008-04-12 01:19:00

• Biggest lenders trick us out of mortgage rate cuts

  Times Online - If the Bank of England cuts interest rates next week as expected, the trackers ... In the past two...
  2008-02-02 03:54:00

• Bank of England Helpless to Reduce Mortgage Rates - Nuwireinvestor.com

  U.K. property investors are still facing high rates from lenders despite cuts in the base rate instituted by the Bank of England....
  2008-10-31 11:23:00

• Bank of England signals THREE interest rate cuts next year (Evening Standard)

  The Bank of England today signalled that a round of up to three interest rate cuts is on the cards in the...
  2007-11-14 06:14:54

• Interest rates cut: Has your lender cut its standard variable rate? (Daily Telegraph)

  Lenders are under pressure from the Government to pass on Bank of England base rate cuts to their borrowers - but some...
  2008-12-04 11:40:58

• Papers focus on mortgage warning

  BBC UK News - The Daily Telegraph says "devious" lenders will raise their mortgage interest rates, despite the Bank of England indicating...
  2007-11-16 10:06:00