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Mortgage cut 'delay' and best savings rates 'slaughter'
Mortgage cut 'delay' and best savings rates 'slaughter'
This is a duplicate of the Blog Entry made on: 5th August 2016 15:51
This is a duplicate of the Blog Entry made on: 5th August 2016 15:51
Millions of borrowers will see their mortgage bill drop following the Bank rate cut - but the competitiveness of those deals still varies widely.
Lenders are announcing changes to their variable rates, in response to Thursday's move by the Bank of England. The Bank's governor, Mark Carney, said banks had "no excuse" but to pass on the rate cut. Customers on these products may have to wait until September or later to benefit from savings.....Read more here
Lenders are announcing changes to their variable rates, in response to Thursday's move by the Bank of England. The Bank's governor, Mark Carney, said banks had "no excuse" but to pass on the rate cut. Customers on these products may have to wait until September or later to benefit from savings.....Read more here