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BoE decision: response from Abbey

Abbey has confirmed it is to increase rates on all of its products by 0.3% on Monday.

http://www.mortgagesolutions-online.com/public/showPage.html?page=733176

Comments

  • NeilQuinn
    NeilQuinn Posts: 162 Forumite
    Whoops - got one to do on Monday. Looks like I'd better ring the client tomorrow!
  • UK007BullDog
    UK007BullDog Posts: 2,607 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Well, its March, so a lot of banks have used up most of their allocated monies. Cash is tight. So even if rates hold the banks might not have a choice but do their own thing due to LIBOR and the credit crunch.

    The next thing I am looking forwards to is the Governments budget in April.
  • ManAtHome
    ManAtHome Posts: 8,512 Forumite
    Part of the Furniture Combo Breaker
    Think is budget due in March - next week..?

    "we are so ever so green that despite the strong/stable/miracle economy, we will be increasing loads of taxes, for errrm, greeny type reasons"
  • UK007BullDog
    UK007BullDog Posts: 2,607 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Yeah? :o not sure now :o .... well ... need to get my beauty sleep now.:D See ya all tomorrow.

    Over and out.
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