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SVR Archive
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What the papers say – 10th – 14th March 2012
Last week marked the third anniversary of the Bank of England dropping base rate to 0.50%, but the financial press this week has turned to news of Clydesdale and Yorkshire Banks joining the list of lenders increasing their Standard Variable Rates. Brokers suggested that while these announcements will not necessarily result in a wave of [...] -
How would a mortgage rate rise affect your finances?
If you’re one of the 1.2 million homeowners affected by the recent rises in lender Standard Variable Rates (SVRs), make sure you check to see what your new repayments will be. You may have been enjoying a low and stable interest rate for a while, but that is about to change and it’s important that [...] -
Get it while you can
The press has been full of Standard Variable Rate changes – first RBS increased the standard rates for its One Account borrowers by 0.25%, followed almost immediately by Halifax increasing its rate from 3.50% to 3.99% for an estimated 850,000 customers. Now we have news that Bank of Ireland (aka Bristol & West) upping its [...]
