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Bank England cut jan 09 0.5

24

Comments

  • dazzaofdagenham
    dazzaofdagenham Posts: 1,530 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    m1ntie wrote: »
    When do people think rates will start to go up again and what is your guess for BoE rate by January 2012?

    Rates are falling still at the moment...

    Let me get my car from BACK TO THE FUTURE and i will check it out for you

    darren
  • markelock
    markelock Posts: 1,735 Forumite
    Part of the Furniture Combo Breaker
    paulsrich wrote: »
    Sorry havent got a magic crystal ball!!!

    peasant!:p

    looking into mine at the minute, but it's cloudy, and very faint. looks like a girl lost in the woods with her dog. nice red shoes...;)
    Remember the time he ate my goldfish? And you lied and said I never had goldfish. Then why did I have the bowl Bart? Why did I have the bowl?
  • paulsrich
    paulsrich Posts: 28 Forumite
    http://www.charcol.co.uk/knowledge-resources/calculators/flexible-mortgage/
  • koexelek
    koexelek Posts: 7,847 Forumite
    pacman wrote: »
    No point. Borrowers ,both business and individuals, won't see any benefit. Savers will lose out. Who wins?

    People who already have tracker mortgages. Probably no one else though
    I am a Mortgage adviser
    You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • m1ntie
    m1ntie Posts: 331 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    paulsrich wrote: »
    Sorry havent got a magic crystal ball!!!

    Obviously not - otherwise you would not need to ask how Nationwide will react!
  • mrbigd
    mrbigd Posts: 168 Forumite
    So when do us Virgin One customers start the attack on RBS?
  • flyingbanana_2
    flyingbanana_2 Posts: 192 Forumite
    "HBOS said existing tracker customers, about 500,000 people, would get the full benefit of the Bank rate cut, as it was not enforcing an option of a 3% floor. But the UK's biggest lender said it was only cutting its SVR by 0.25 of a percentage point. "

    http://news.bbc.co.uk/2/hi/business/7764690.stm
  • payless
    payless Posts: 6,957 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    flyingbanana wrote: »
    "HBOS said existing tracker customers, about 500,000 people, would get the full benefit of the Bank rate cut, as it was not enforcing an option of a 3% floor. But the UK's biggest lender said it was only cutting its SVR by 0.25 of a percentage point. "

    http://news.bbc.co.uk/2/hi/business/7764690.stm

    No that article is about the last rate ( 1%) cut- just had date changed !
    Any posts on here are for information and discussion purposes only and shouldn't be seen as (financial) advice.
  • flyingbanana_2
    flyingbanana_2 Posts: 192 Forumite
    d'oh! Sorry :$
  • tcall
    tcall Posts: 222 Forumite
    HSBC are passing it on in full aparently
This discussion has been closed.
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