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Idle Banter For non SV and non bike related chat (and the odd bit of humour - but if any post isn't suitable it'll get deleted real quick). There's also a "U" rating so please respect this. Newbies can also say "hello" here too. |
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06-11-08, 12:14 PM
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#1 |
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Member
Join Date: Nov 2005
Location: Hebden Bridge
Posts: 520
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Interest Rates down 1.5%
And LloydsTSB promise to pass it on. Woohoo.
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Formerly Blue K5 with added bits Then Triumph Sprint ST with scottoiler and R&Gs & TOR exhaust Now Benelli Tornado |
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06-11-08, 12:17 PM
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#2 | |
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Guest
Posts: n/a
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Re: Interest Rates down 1.5%
Quote:
I'm glad I'm overdrawn 
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06-11-08, 12:21 PM
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#3 | |
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Member
Mega Poster
Join Date: Feb 2008
Location: Riding, North
Posts: 2,664
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Re: Interest Rates down 1.5%
Quote:
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06-11-08, 12:25 PM
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#4 |
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Moderator
Mega Poster
Join Date: Jul 2003
Location: Nr Ruthin
Posts: 7,079
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Re: Interest Rates down 1.5%
Blimey that is some rate cut! I suspect that the banks will not pass it on in full. For instance Abbey put UP their mortgage rate two days ago, to increase their profit margin but still customers will see no change as this rate cut was widely anticipated.
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"Your Viffer sounds like it is raising hell! Spot on." - Witchery 17/4/08  Snow Plough Appreciation Society - Member #3 
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06-11-08, 12:59 PM
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#5 | |
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Member
Join Date: Nov 2005
Location: Hebden Bridge
Posts: 520
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Re: Interest Rates down 1.5%
Quote:
http://news.bbc.co.uk/1/hi/business/7713006.stm My mortage is in 4 parts (2 fixed, a tracker & svr), so with a reduction on the svr & tracker, that's us £80 a month better off in two months due to rate cuts. Hope it is getting passed on to new deals too by the time we remortgage towards the end of next year!
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Formerly Blue K5 with added bits Then Triumph Sprint ST with scottoiler and R&Gs & TOR exhaust Now Benelli Tornado Last edited by Gazza77; 06-11-08 at 01:01 PM. |
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06-11-08, 01:09 PM
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#6 |
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Da Cake Boss
Mega Poster
Join Date: May 2007
Location: On a flying Horse
Posts: 9,992
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Re: Interest Rates down 1.5%
I've not done too bad mortgage wise..ever. Just been a complete fluke that I've signed up on some pretty amazing deals.....and now if they pass on this rate cut, well, lets just say I'll br laughing, and not for the first time
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Suzy, yellow 2001 SVS. Kitty, V-Raptor 1000, ZZR1400<<its my bike now Pegasus! Hovis 13.8.75-3.10.09 Reeder 20.7.88-21.3.12 |
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06-11-08, 01:44 PM
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#7 |
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Guest
Posts: n/a
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Re: Interest Rates down 1.5%
I came off my fixed 4.79% rate a few months back and was being offered "great deals" for 6.5%, but I decided to wait and just go on the standard variable. I am happy as a pig in poo right now that I waited.
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06-11-08, 01:45 PM
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#8 |
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Member
Mega Poster
Join Date: Mar 2004
Location: Not in Yorkshire. (Thank God)
Posts: 4,116
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Re: Interest Rates down 1.5%
Does not directly affect me as I do not have a mortgage. But I guess I will get even less interest on my savings.
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Not Grumpy, opinionated. |
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06-11-08, 01:53 PM
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#9 |
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Guest
Posts: n/a
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Re: Interest Rates down 1.5%
WOOP WOOP!! At this rate my mortgage will be paid off by thursday week!
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06-11-08, 01:59 PM
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#10 |
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Guest
Posts: n/a
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Re: Interest Rates down 1.5%
i am waiting to apply for my new mortgage, however do I actually think they will pass it on enough to make a difference.. will they ********..
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