Base rate cut by 1.5%


neildigital

Member
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
 

Stationery Direct

Administrator
Staff member
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 :icon_Wall:

It's definitely a tricky time at the moment.
 
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