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Royal Bank of Scotland and rate cut?

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When are they passing on the rate cut? Will this apply to their standard variable rate?

Comments

  • huskypup
    huskypup Posts: 169 Forumite
    I was wondering the same thing, we have a one account mortgage that is primarily the RBOS, have just emailed them to ask if it is being passed on and when.
  • _Andy_
    _Andy_ Posts: 11,150 Forumite
    rover25 wrote: »
    When are they passing on the rate cut? Will this apply to their standard variable rate?

    Give them a call and they'll tell you.
  • minimike2
    minimike2 Posts: 2,210 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Today I think they reduce thier SVR
  • rlc_2
    rlc_2 Posts: 55 Forumite
    Hi there,
    I'm with Virgin One which is part of RBS.
    Anyone know if the rate cut will be passed on to me from the 1st?
    Many thanks in advance.
  • _Andy_
    _Andy_ Posts: 11,150 Forumite
    rlc wrote: »
    Hi there,
    I'm with Virgin One which is part of RBS.
    Anyone know if the rate cut will be passed on to me from the 1st?
    Many thanks in advance.

    As above - give them a call and find out.
  • Yes from the 3rd November for RBS/Natwest/One Account inc Virgin one
  • TOBRUK
    TOBRUK Posts: 2,343 Forumite
    I'm with Birmingham Midshires - part of Halifax RBS. I spoke to them last Tuesday and again on Friday and neither of the people I spoke to could tell me, they were useless! Well I think now I shall wait and see what happens although I would expect to be told at some point :confused: I won't hold me breath :rolleyes:
  • Birmingham Midshires is part of HBOS i.e. Halifax Bank of Scotland - nothing to do with RBS
  • TOBRUK
    TOBRUK Posts: 2,343 Forumite
    magburner wrote: »
    Birmingham Midshires is part of HBOS i.e. Halifax Bank of Scotland - nothing to do with RBS

    Oops sorry, I knew it was Bank of Scotland! :D Well surely they should also bring down the interest rate soon? Anyone know?
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