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11-06-2008, 06:41 PM
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#3 | ||
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Member
Join Date: Jul 2008
Location: Bracknell
Posts: 78
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Depends if our banks past that on, as far as i am aware my building society never gave a cut in their rate from the last 0.5% last month.
If they dont, thats 2% drop in the bank of Englands, but nothing in Coventry BS..... Neil |
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11-06-2008, 06:57 PM
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#4 | ||
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Administrator
Join Date: Mar 2008
Posts: 3,205
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Bet they make sure it is applied to the savings rates on offer!, luckily I invested some money today for the next 12 months at a really good rate.
Only 2 weeks ago my sister applied for a mortgage fixed at 5.79%, she's wishing she held on now  It's definitely a tricky time at the moment. |
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| bank of england, base rate |
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Base rate cut by 1.5%
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