FROM OTHER NEWS SITES
DAILY TELEGRAPH Nasa release time-lapse images of Northern Lights seen from space - Thu, 09 Feb 2012 20:55:31 GMT
Nasa release time-lapse images of Northern Lights seen from space - Thu, 09 Feb 2012 21:18:31 GMT
FINANCIAL TIMES Greek parties agree €3.3bn austerity cuts - Thu, 09 Feb 2012 18:58:47 GMT
Greek parties agree €3.3bn austerity cuts - Thu, 09 Feb 2012 19:17:21 GMT
BBC NEWS BBC News - Business - Thu, 09 Feb 2012 21:32:48 GMT
BBC News - Business - Thu, 09 Feb 2012 18:48:09 GMT
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CML: Mortgage arrears and possessions conference at the The Midland Hotel, Peter Street, Manchester, M60 2DS
Latest lender rate decisions
Following yesterday's decision by the Monetary Policy Committee to reduce the Bank of England Bank Rate by 0.50% to 1.50% lenders are still announcing changes.
Halifax has announced it will pass the full 0.50% reduction on to existing tracker mortgage customers from 1st February 2009. Halifax will also reduce its SVR from 4.75% to 4.50% at the same time.
RBS is currently reviewing its SVR but all its customers with tracker mortgages that track the Bank of England Base rate will benefit in full from the reduction. Its 1.1 million SME customers with variable rate overdrafts and loans will also automatically benefit from this rate reduction. The vast majority of its SME business lending is linked to base rate so customers will see an immediate benefit.
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