Thursday 09 February 2012 | RSS Feed

Skipton promises full SVR cut

In anticipation of a cut to the Bank of England's base rate this Thursday, Skipton Building Society has promised it will pass on any reduction in full.


4 March, 2009

Chief Executive David Cutter said, "We have pledged our residential SVR will never be more than 3% above base rate and, even with this at its lowest level for 315 years, we will honour our promise. This means approximately 15,000 Skipton borrowers will have a bit more money to spend as their monthly payments reduce."




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