We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Is anyone on the Bank of Scotland SVR?
ashington10
Posts: 41 Forumite
Hi
Checked a recent letter regarding a reduction in my mortgage payments I have received from Bank of Scotland (that's the HBOS Bank of Scotland NOT the Royal Bank of Scotland).
The standard variable rate is 5.35%. How can this be I thought as the HBOS rate is 5% and Bank of Scotland is part of HBOS.
Oh no said the call centre man Bank of Scotland has a separate SVR as opposed to the Halifax at 5%!!!!
Is this true, it cannot be surely. I cannot find anywhere upon the internet an SVR rate for Bank of Scotland only - only HBOS as a group. Even the HBOS website (Bank of Scotland links) takes you to Halifax products at an SVR at 5%!!
Grateful if anyone can confirm call centre man is correct. Bizzare.
Checked a recent letter regarding a reduction in my mortgage payments I have received from Bank of Scotland (that's the HBOS Bank of Scotland NOT the Royal Bank of Scotland).
The standard variable rate is 5.35%. How can this be I thought as the HBOS rate is 5% and Bank of Scotland is part of HBOS.
Oh no said the call centre man Bank of Scotland has a separate SVR as opposed to the Halifax at 5%!!!!
Is this true, it cannot be surely. I cannot find anywhere upon the internet an SVR rate for Bank of Scotland only - only HBOS as a group. Even the HBOS website (Bank of Scotland links) takes you to Halifax products at an SVR at 5%!!
Grateful if anyone can confirm call centre man is correct. Bizzare.
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.6K Banking & Borrowing
- 254.5K Reduce Debt & Boost Income
- 455.5K Spending & Discounts
- 247.5K Work, Benefits & Business
- 604.3K Mortgages, Homes & Bills
- 178.6K Life & Family
- 261.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards