Skipton reduces Standard Variable Rate
Following December's cut in the Bank of England Base Rate, Skipton Building Society is reducing its Standard Variable Rate (SVR) to 5.00%.
The new rate is effective immediately for new mortgage applications and from 1 January 2009 for existing mortgage customers on, or linked to, SVR.
- Loans dry up as APRs treble
- Norwich Union returns £10m of unclaimed cash to customers
- Sorting out finances tops list of resolutions for 2009
- Don’t let your moving company dumb down its service in the recession
- Savers urged to consider TEPS
- RICS calls on the government to take action on empty homes in the UK
- Action required to avoid ‘War of Attrition’
- Borrowers happier on SVR






