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variable interest rates

fishingfatty
Posts: 5 Forumite
i'm currently paying nearly 9% on my mortgage and can not swap.
can i do anything about this? my rate ALWAYS goes up but very rarely down hence the high rate, but surely this isn't what you would call variable?
can i do anything about this? my rate ALWAYS goes up but very rarely down hence the high rate, but surely this isn't what you would call variable?
0
Comments
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No, if it's a standard variable rate there is no obligation for the lender to pass on base rate cuts.0
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