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Britannia/Mortgage Advisory Services put SVR up by 0.75%!!!!!!

swanseajack61
Posts: 19 Forumite
I am with Mortgage Advisory Services who are a subsidiary of Britannia. Had a letter off them today stating that due to the current financial market they will be increasing our SVR rate by 0.75% to 3.49%, the last rate cut wasn’t passed on now they have the cheek to increase it!!!
I am gobsmacked, the bank of England and government lower rates to help people and this company have taken it upon themselves to increase the rate for no reason of no link to the current interest rates.
I am tamping is there anything I can do about this. :mad::mad:
I am gobsmacked, the bank of England and government lower rates to help people and this company have taken it upon themselves to increase the rate for no reason of no link to the current interest rates.
I am tamping is there anything I can do about this. :mad::mad:
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