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[MarkG]

I'm really hacked off with my lender (The Nottingham). I am on 2% lower than their SVR but the trouble is they only dropped their SVR 0.75 % after the first Bank on England 1.5% reduction and then left the SVR where it was after the last 1% reduction. Wish I'd gone for a tracker now.

So the bottom line is I am on 4.49%. How about you lot?

[Elite Pete]

I think ours is about 5.72 fixed for the next four years so we're considering paying the penalty for coming out of the agreement early and finding something cheaper.

[Jimbob]

I am paying just 2%

Sorry!

[Marks DTM Calib]

3.99% and have been for the last 5 years.

This expires in January so will be looking for a new deal!

[Entwood]

No longer have a mortgage ... but savings rates don't really help those on a pension/savings income...

Bank "Savings" rate now 0.08% ... before tax !!
ISA rate 2.76% (and probably coming down soon according to todays news)
Building Society rate has dropped from 6.4% to 4.33% before tax (also about to drop again)

You can get better ISA deals for "new" money.. but most don't allow transfers in, so they get you to join at a decent rate, then drop it and trap you.

According to the "Financial experts" () the country has 6 savers for every borrower, but should have 8 to "balance the books" .. yet with such low rates there is no encouragement to save .....

[Dusty]

I'm really hacked off with my lender (The Nottingham). I am on 2% lower than their SVR but the trouble is they only dropped their SVR 0.75 % after the first Bank on England 1.5% reduction and then left the SVR where it was after the last 1% reduction. Wish I'd gone for a tracker now.

So the bottom line is I am on 4.49%. How about you lot?

Same here,but not too bad considering that Mr Dusty and I had a self certification mortgage (liar loan ) with Bristol and West

Banks should be forced to pass on all rate reductions in my opinion,and not to be given the option to do as they see fit.

The banks are dismissive of the government,and dismissive of the british people. :-?

[Dusty]

I am paying just 2%

Sorry!

So you should be ,when we are all paying much more.

How do you pay only 2%,do you work for a bank?.

[tunnie]

I am paying just 2%

Sorry!

So you should be ,when we are all paying much more.

How do you pay only 2%,do you work for a bank?.

Must be a tracker, bank of england is at 2%

[Jimbob]

I am paying just 2%

Sorry!

So you should be ,when we are all paying much more.

How do you pay only 2%,do you work for a bank?.

How did you guess!

Nowt to do with finance though, purely IT

But does mean we get preferential rates  

[Mr Skrunts]

No longer have a mortgage ... but savings rates don't really help those on a pension/savings income...

Bank "Savings" rate now 0.08% ... before tax !!
ISA rate 2.76% (and probably coming down soon according to todays news)
Building Society rate has dropped from 6.4% to 4.33% before tax (also about to drop again)

You can get better ISA deals for "new" money.. but most don't allow transfers in, so they get you to join at a decent rate, then drop it and trap you.

According to the "Financial experts" () the country has 6 savers for every borrower, but should have 8 to "balance the books" .. yet with such low rates there is no encouragement to save .....

In the same boat as you.  Am with YBS ans was on 6.5 % Gross, Dropped to 4.5%

Halifax rates are now a farce for savars.

[markey mark]

i am on base rate + 1.95% so 3.95% at the min !!

[Dusty]

I am paying just 2%

Sorry!

So you should be ,when we are all paying much more.

How do you pay only 2%,do you work for a bank?.

How did you guess!

Nowt to do with finance though, purely IT

But does mean we get preferential rates  

Yes Jimbob,a friend of mine used to work for a bank.

She got preferential rates too.

So I guessed that may the same with yourself.

[Jimbob]

Yup, at the moment anyway,  who knows what the new year will bring  :-?

[Lazydocker]

Base rate +1.24

[Kevin Wood]

I think we're on 2.8% at the moment. Lifetime tracker, and I was expecting it to bottom out at 3% but Halifax are obviously feeling generous.

Kevin