Icesave savings rate increased to 6.30%

Kazza242

According to Moneyfacts, the Icesave easy access savings account interest rate will be increased, from 6.20% to 6.30%, w.e.f. 1st October 2007.

See here.

Well done Icesave.:T

verdie

And also now listed on the Icesave site. http://www.icesave.co.uk/

nilrem_2

Good news indeed! :beer:

Stompa

Hmmm, I wonder why they're doing that.....

A-Team_2

Don't wonder why, just enjoy!

KTF

Stompa wrote: »

Hmmm, I wonder why they're doing that.....

Because rivals offer slightly higher rates I guess?

Stompa

KTF wrote: »

Because rivals offer slightly higher rates I guess?

Maybe.....

cundall

great news....

Abbey are now doing 6.3% as well though only for 200k+

KingKenny

http://www.heritable.co.uk/hbweb/DesktopDefault.aspx?tabid=164

Landsbanki Sub Prime?

Worrying for some maybe, who is holding the toxic waste?

masonic

KingKenny wrote: »

Landsbanki Sub Prime?

Worrying for some maybe, who is holding the toxic waste?

Since I've yet to see an example of a bank that definitely isn't implicated in that drama, I'm not sure what these 'some' could do other than worry.

rathernot

OK possibly a very naive question coming but:

You offer someone a sub-prime mortgage because they want to buy a house but are a risk.

X months or years in they default.

OK you don't get your mortgage payment, but presumably you do get a house that you can sell and, presumably walk away from the deal at least even?

I don't understand why it's been portrayed as if people can default on a mortgage (sub-prime or not) and the lender has to grit their teeth and take it?