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Northern Rocks scandalous SVR
Comments
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it is 7.49% unless stated otherwise in yr key features illustration section 40
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so no cut then ?0
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The government is keen for ALL mortgage lenders to drop their rates to help stop the wider recession.
Now who is it that owns NR, again...........
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I think I read here a while ago that it would make sense for the government to want to rid themselves of a lot of the mortgages on NRs books, so a high SVR is one way to do it!
Can't see them dropping it, unfortunately :rolleyes:0
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