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SVR Archive
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What the papers say – 14th and 15th January 2012
Despite an uncertain outlook for the mortgage market and a recent increase in rates by lenders including ING, experts in this weekend’s financial press suggested that there are still competitively priced deals to be found. The Times warned however that borrowers should watch out for extra costs attached to ‘best-buy’ rates, as many lenders have [...] -
Standard Variable Rates are just that…variable!
Two lenders in the Lloyds Banking Group stable are increasing the standard variable rate (SVR) charged to its mortgage borrowers. From tomorrow the Bank of Scotland and The Mortgage Business will increase the SVR charged to existing mortgage borrowers from 4.84% to 4.95%. Bank of Scotland and TMB no longer lend so it is those [...] -
What the papers say- 29th and 30th October 2011
Recent research from the Council of Mortgage Lenders shows that around 1.8 million borrowers are currently sticking with low Standard Variable Rates, but with fears of a second credit crunch looming, experts in this weekend’s financial press urged homeowners to consider securing a mortgage deal while they still can. The Telegraph reported that the average [...]
