which lenders have passed on the % cut?
Discussion
Soovy said:
tricky69 said:
LLoyds so far.... but think all nationalised banks will have to... so expect HBOS etc to follow suit shortly
Nonsense.No banks will be passing this on in full. Some not at all. Except for trackers.
LTSB pulled all its tracker deals yesterday. They knew this was coming.
trooperiziz said:
Soovy said:
tricky69 said:
LLoyds so far.... but think all nationalised banks will have to... so expect HBOS etc to follow suit shortly
Nonsense.No banks will be passing this on in full. Some not at all. Except for trackers.
LTSB pulled all its tracker deals yesterday. They knew this was coming.
tricky69 said:
LLoyds so far.... but think all nationalised banks will have to... so expect HBOS etc to follow suit shortly
SKY reported that Lloyds were going to pass on the full 1.5pct.Funny how a bank that has been bailed out by the Government/Tax Payer can afford lend money at a rate below market rates. Other banks will not pass on the full 1.5pct because it is not financially viable.
The purchase of HBOS must be a factor in the decision by Lloyds - they don't want to rock the boat.
Barclays Woolwich are reviewing it and may pass it on! I then told the chap that I was on a BOE BR, not Woolwich, for some reason this months payment still doesn't relect last months 0.5% cut. They are investigating why they haven't done it yet. I have asked them to make sure that Decemebe is the BR + 0.26%!
Hoppy2008 said:
trooperiziz said:
Soovy said:
tricky69 said:
LLoyds so far.... but think all nationalised banks will have to... so expect HBOS etc to follow suit shortly
Nonsense.No banks will be passing this on in full. Some not at all. Except for trackers.
LTSB pulled all its tracker deals yesterday. They knew this was coming.
ALawson said:
Barclays Woolwich are reviewing it and may pass it on! I then told the chap that I was on a BOE BR, not Woolwich, for some reason this months payment still doesn't relect last months 0.5% cut. They are investigating why they haven't done it yet. I have asked them to make sure that Decemebe is the BR + 0.26%!
Check your offer letter and the small print. dependant upon where your repayment date falls in the month and the decision there are some who can find it takes 7 weeks for any rate change to affect the monthly payment.Gassing Station | The Pie & Piston Archive | Top of Page | What's New | My Stuff




