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Standard Variable Rates

2

Comments

  • cbrpaul
    cbrpaul Posts: 756 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    FD 3.69% no other rate drops since 3rd Jan !!!!!
  • Mithos
    Mithos Posts: 137 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Does this maen that Chelsea are bottom of the league.

    They have announced today the biggest loss out of all BS (Not Banks) so far, so in a way I can see their justification for the high SVR.
  • handful
    handful Posts: 568 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    http://www.fsa.gov.uk/tables/bespoke/Mortgages

    This is a pretty good place to compare. Not always updated immediately but quite good generally. :D
  • mmcourt
    mmcourt Posts: 128 Forumite
    Swift Firsts SVR is 8.8% which is what I am paying. Its ridiculous:mad: :mad: :mad:
    Winnings 2009: Rimmel Pro Lycra Nail Polish.
    Mars Football, A Crunchie Bar
  • ukclarkkent
    ukclarkkent Posts: 155 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    monmouthshire building society is 5.25. passed on about 1% overall.

    shocker.
  • mcrewe
    mcrewe Posts: 12 Forumite
    mmcourt wrote: »
    Swift Firsts SVR is 8.8% which is what I am paying. Its ridiculous:mad: :mad: :mad:

    Ouch !!!

    Just to upset you even more I am on 1.75% with A&L !! :j

    Sorry :rotfl:
  • MarkyMarkD
    MarkyMarkD Posts: 9,912 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    ah yes, they just cut 0.45 !!
    how pedantic is that ???

    BOE cut 0.50, so they follow with a 0.45

    how desperate are they that they need to nick another 0.05% ???
    Perhaps, not desperate at all. Perhaps, they can't reduce their savings rates by 0.50% across the board - particularly all those rates that are already almost 0% - so they can't possibly afford to reduce SVR by 0.50%?


    Mcrewe's rate isn't an SVR, so it's not strictly relevant to this thread.
  • dunstonh
    dunstonh Posts: 120,402 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    mmcourt wrote: »
    Swift Firsts SVR is 8.8% which is what I am paying. Its ridiculous:mad: :mad: :mad:


    High risk borrowing carries rates which are reflective of that higher risk
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • mmcourt
    mmcourt Posts: 128 Forumite
    mcrewe wrote: »
    Ouch !!!

    Just to upset you even more I am on 1.75% with A&L !! :j

    Sorry :rotfl:


    :mad: :mad: :mad: i wish i was in your shoes, mine is crucifying me. £1400.00 per month:mad: :mad: :mad: they are not reducing their rates at all.
    Winnings 2009: Rimmel Pro Lycra Nail Polish.
    Mars Football, A Crunchie Bar
  • sundog
    sundog Posts: 71 Forumite
    mmcourt wrote: »
    :mad: :mad: :mad: i wish i was in your shoes, mine is crucifying me. £1400.00 per month:mad: :mad: :mad: they are not reducing their rates at all.

    how much was it when you took the mortgage out?
This discussion has been closed.
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