5 December 2008 Archive

The Bank of England is drawing up plans to pump cash directly into the UK economy if the recession deteriorates further.

2008 has seen house prices fall and fall. The future of the market in 2009 is now uncertain.

Halifax is to let its tracker mortgages dropped below three per cent - despite clauses in mortgage contracts stopping rates dropping.

Gordon Brown is pushing high street banks and building societies to cut their lending rates after the Bank of England's one per cent cut yesterday.

Alliance & Leicester has withdrawn it tracker mortgage following the Bank of England's one per cent cut in interest rates yesterday.

Barclays is cutting the rates on its tracker mortgages by one per cent following the Bank of England base rate cut.

Abbey has withdrawn its range of tracker mortgages from the market following the Bank of England's one per cent base rate cut.

Nationwide has passed on the Bank of England's one per cent cut in interest rates in full to borrowers on its tracker mortgages.

Halifax has cut the standard variable rate (SVR) on mortgages from five per cent to 4.75 per cent.

HSBC has passed on the Bank of England's one per cent base rate cut in full to its standard variable rate (SVR) mortgage customers.

First | Previous | Showing 1 to 10 of 10 | Next | Last

Month Archives 2008

Name:

Email:

Car Insurance renewal:

In addition to the weekly newsletter, which areas of finance would you like to hear from us about:

Mortgages

Insurance

Savings

Investments

Pensions

Loans

Credit Cards

Household Bills

Tick this box if you would like us to send you promotions from carefully selected third parties.

By signing-up you agree to the terms of use and privacy policy.