abbey svr

tomlfc1

Does anybody know when abbey`s review of this months cut takes place,as they are not the fastet people to get information out of.Is it me but some of the big banks make thier desicions immediately or at least within 24 hrs but no not abbey.!!!:rolleyes: :rolleyes: :rolleyes:

davidla

Hi - I spoke to Abbey yesterday and the adviser said they would announce their new SVR at the end of this month. He also said that is when they would announce new mortgage rates.
After the last BOE rate cut, it took Abbey about 2 weeks to adjust their SVR downwards, I wonder if it will be the same when rates go up?
David

tomlfc1

Your so wright there David ,thanks for that it was very helpful.

System

Anyone heard any news at all yet?

POsborne1

I was speaking to Abbey on Friday as my deal is about to end. They said their SVR will be coming down to 4.69% on 2nd February.

gooday

Thats only .25% of the last 0.5% BOE rate fall.

and its taken them a month to decide on it!

System

Banks earning more money isn't necessarily a bad thing at the moment though, and it's better than nothing!

theboylard

So that's all right then, you don't mind your bank taking more money because they are struggling?

But please note that Abbey, being owned by Santander group are not struggling - probably because of the extra money they get for sitting on rate reductions.

Now then, in about 2½ years time when interest rates go up and Abbey, like most of the other banks, whacks the rate straight up (none of this month long wait while their rate committee ponders their navels) you will not be complaining?

Bookmark this people, Joeskeppi says it's ok to fleece bank customers.

Bloody troll

valem

New Abbey rates for you..

http://www.abbeyforintermediaries.com/csgs/StaticBS?blobcol=urldata&blobheader=application%2Fpdf&blobkey=id&blobtable=MungoBlobs&blobwhere=1205451479389&cachecontrol=immediate&ssbinary=true&maxage=3600

handy when they are trying to fob you off with poor rates over the phone.:beer:

System

theboylard wrote: »

So that's all right then, you don't mind your bank taking more money because they are struggling?

But please note that Abbey, being owned by Santander group are not struggling - probably because of the extra money they get for sitting on rate reductions.

Now then, in about 2½ years time when interest rates go up and Abbey, like most of the other banks, whacks the rate straight up (none of this month long wait while their rate committee ponders their navels) you will not be complaining?

Bookmark this people, Joeskeppi says it's ok to fleece bank customers.

Bloody troll

Troll? There's no need to act like a child just because you don't share the same opinion as someone on the internet.

gooday

New Abbey rates for you..

http://www.abbeyforintermediaries.co...&max age=3600

handy when they are trying to fob you off with poor rates over the phone.

This is great thanks, the bumf at the the end mentions the Flexible tracker mortgage but there is no rates for this in the list, is this going to reappear in the future?

thanks