Lloyds Vantage

kar999

Agreed. Try living with a 15% mortgage rate and 20% inflation and then be now faced with living off savings income which is being eroded by inflation again.

TheMatrix_2

Considering the RPI is currently 5.3%, you're losing money by putting money in the bank even at 4% Gross on Lloyds DisadVantage accounts.

Those who have mortgaged to the hilt, chose to do so, further fueling the house market, now we all know what goes up must eventually come down. The housing market is in decline they winge about savers looking after themselves. Those saving for retirement are being dissadVantaged by the greedy buy to letters and property investers after the fast buck. So I am thinking of someone else for a change. The savers.

Consumerist

And let us not forget that it is/was the savers who funded their cheap mortgages in the first place. It's about time spenders and borrowers paid the real price of money to the savers who provide it.

Rant over.

Edit
Apologies for being off topic.