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Base Rate
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spykey_uk
Posts: 355 Forumite
Does anyone know how I would find out what Natwest's base rate is?
Thanks,
Sarah
Thanks,
Sarah
Mortgage when started (Dec 2013): £157,272.50
Current mortgage (date): £156,885.56
Mortgage free day: Dec 2043
Current mortgage (date): £156,885.56
Mortgage free day: Dec 2043
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I have seen them quote Bank of England base Rate (BoE) plus 1.69% for example for mortgages and similar for savings.
Which saving/investment product were you looking at?0 -
Presumably this is a query about the Standard Variable Rate for their mortgages? In which case I imagine it's published somewhere on their website.I am a Chartered Financial Planner
Anything I say on the forum is for discussion purposes only and should not be construed as personal financial advice. It is vitally important to do your own research before acting on information gathered from any users on this forum.0 -
Does anyone know how I would find out what Natwest's base rate is?
It is strange that this information isn't readily available on their website.
Both NatWest and RBS refer to 'our Base Rate' in relation to many of their products and services, but actually stating their current Base Rate seems beyond them.
Every UK Bank has a Base Rate, and they have to publicise any change in the FT and a couple of other publications.
Best bet would be to phone them I would guess.'In nature, there are neither rewards nor punishments - there are Consequences.'0 -
Ohhh, their rate on which they base their savings products? I always assumed it was more or less arbitrary when all's said and done.I am a Chartered Financial Planner
Anything I say on the forum is for discussion purposes only and should not be construed as personal financial advice. It is vitally important to do your own research before acting on information gathered from any users on this forum.0
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