Mortgages
Borrowers in a fix over mortgage deals
Almost four times as many homeowners would opt for a fixed rate mortgage as a tracker if they had to renew their mortgage tomorrow, according to research from Abbey Mortgages.
Alliance & Leicester announces SVR cut by 0.25%
Alliance & Leicester announces it will be changing its Standard Variable Rate for existing customers from 2 March 2008 to 7.44 %, down 0.25% from 7.69%.
Coventry to reduce Standard Variable Rate by 0.25%
Following today’s Bank of England MPC announcement, Coventry Building Society announces that its standard variable mortgage rate will decrease by 0.25%.
Halifax reduces mortgage rate
Following the announcement by the Monetary Policy Committee of a 0.25 per cent reduction in the Bank Base Rate, Halifax will be reducing its standard variable rate (SVR) from 7.50% to 7.25.
You can tackle inflation even if the Bank of England won't
The Bank of England trimmed interest rates today by 0.25% to 5.25%. The cut was not unexpected following an uncharacteristic tip-off from the Governor of the Bank of England that interest rates were bearing down on demand.
first direct passes base rate cut with immediate effect
first direct has confirmed that it has passed on Bank of England 0.25% base rate cut with immediate effect for all its variable rate mortgage customers and new customers as well.
Nationwide to decrease mortgage rates by 0.25%
Nationwide Building Society today announces that it will decrease its Base Mortgage Rate (BMR) from 1 March 2008 following a decision by the MPC to cut the Base Rate.
HSBC to decrease standard mortgage rate by 0.25%
HSBC Bank plc today announces it will reduce its HSBC variable mortgage rate by 0.25% from the 7th March 2008. Following the Bank of England Monetary Policy Committee’s decision to decrease its base rate today, HSBC’s new rate will fall from 6.75% to 6.50%.
Woolwich cut standard variable rate by full 0.25 per cent
Woolwich is cutting its standard variable rate (SVR) by the full 0.25 per cent following the Bank of England’s announcement that base rates will fall by a quarter per cent.
NatWest cuts its SVR by 0.25%
NatWest today announces that its Standard Variable Mortgage Rate will be cut by 0.25 per cent to 7.44 per cent.
Abbey passes on full 0.25 per cent cut to its customers on SVR
Abbey has announced that it will cut its standard variable rate on mortgages by 0.25 per cent following the Bank of England’s base rate cut today.
RBS cuts it’s SVR by 0.25 per cent
RBS today announces that its Standard Variable Mortgage Rate will be cut by 0.25 per cent to 7.44 per cent.
Alliance & Leicester: MPC decision to cut bank base rate to 5.25%
Today’s decision by the MPC to cut the Bank Rate to 5.25% was widely expected following a continued weakening of sentiment within the market on the back of a range of data.
Lloyds TSB and C&G reduce mortgage rate by full 0.25%
Following the announcement today by the MPC of a 0.25 per cent decrease in the Bank of England Base Rate, Lloyds TSB and Cheltenham & Gloucester will be reducing their standard variable mortgage rate (SVMR) from 7.50% to 7.25%.
Support for long term fixed rate mortgages welcomed
Nationwide Building Society today welcomed the news that Chancellor Alistair Darling wants to increase the availability of long term fixed rate mortgages in the market.