Abbey to pass on full base rate cut on SRV
Further to the Bank of England's decision to cut base rate by 1.5 per cent, Abbey is passing on the full rate cut to all its existing customers on variable rate mortgages.
This includes customers on SVR, tracker rate mortgages and flexible offset deals. These customers will see their rates cut, as usual, from the start of December.
Abbey's SVR will fall from 6.94 per cent to 5.44 per cent.
- Treasury Committee to hold evidence session on banking remuneration
- Hats off to Lloyds TSB on bold decision
- AMI: 1.5% interest rate cut is very welcome
- Allied Surveyors welcomes interest rate cut
- Some MBE 2008 seminars you may not want to miss
- More affordable housing needed to boost economy, says TUC
- Tens of thousands of teenagers set to invest in shares
- The Debt Advisor: "Banks must pass on rescue package if Britain is to avoid a debt trap in 2009"
- FT House price index shows 1.2 per cent fall in October
- Trigold quizzes brokers on future of Equity Release
- Pink invites all to quarter 4 seminars
- Lloyds TSB to pass base rate cut on to small businesses





