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Fixed Rate Mortgage - News Articles

Nationwide cuts mortgage rates - Telegraph
Oct 15, 2008
Telegraph.co.uk, United Kingdom -
Nationwide, one of the country's largest mortgage lenders, has passed on three-fifths of the Bank of England's recent cut in interest rates to customers with variable-rate mortgages. ...
FT.com / Your money - Nationwide refuses to pass on full rate cut
Oct 15, 2008
Financial Times, UK -
By Matthew Vincent Nationwide has announced that it will not be passing on the full half-percentage point cut in the Bank of England base rate to borrowers on its standard variable rate. Instead, the UK’s largest building society will cut its variable rate – ...
Cost of tracker mortgages increases, research shows - Telegraph
Oct 15, 2008
Telegraph.co.uk, United Kingdom -
Tracker mortgage rates are going up despite the cut in interest rates, new research shows. By Myra Butterworth, Personal Finance Correspondent The Bank of ...
Is Your Mortgage Going To Get Cheaper? - 15/10/2008
Oct 15, 2008
Motley Fool UK, UK -
Which mortgage lenders have passed on the interest rate cut to borrowers – and which haven’t? The Fool decides to name and shame! It’s been a week since the Bank of England cut its base rate by a half a percentage point. This should mean good news for ...
The Press Association: Borrowers miss out on 0.5% rate cut
Oct 15, 2008
The Press Association -
Two more mortgage lenders have failed to pass on last week's interest rate cut in full to some of their borrowers. Nationwide Building Society is reducing its base mortgage rate by just 0.3%, while Abbey is cutting its equivalent by only 0.15%, despite the Bank ...
The Press Association: Tracker mortgage rates increased
Oct 15, 2008
The Press Association -
Two mortgage lenders have hiked their tracker rates as the cost of inter-bank borrowing again failed to reflect the recent cut in interest rates. Lloyds TSB said it was raising the cost of its mainstream trackers by between 0.3% and 0.5%, while ...
FT.com / Home UK / UK - Nationwide refuses to pass on full rate cut
Oct 15, 2008
Financial Times, UK -
By Matthew Vincent Nationwide yesterday announced it would not be following other leading mortgage lenders in passing on the full half-point cut in the Bank of England base rate to borrowers on its standard variable rate. Instead, the UK's largest building society will ...
The Press Association: Building societies delay rate cut
Oct 16, 2008
The Press Association -
Building societies have been slow to pass on last week's interest rate cut with only four so far announcing plans to reduce their rates. A total of 23 banks and building societies out of 85 have so far said they will be ...
BBC NEWS | Business | Tracker mortgage 'battle' starts
Oct 16, 2008
BBC News, UK -
A lender has blamed high demand for the decision to raise the cost of tracker mortgages for new borrowers. The Woolwich said it was now putting its tracker rate back up slightly after having cut the rate on new deals when the Bank rate was cut last ...
Lloyds TSB and Woolwich raise tracker mortgage rate despite base rate cut - Telegraph
Oct 16, 2008
Telegraph.co.uk, United Kingdom -
Two major mortgage lenders have increased their tracker mortgage rates to new customers by up to half a percentage point despite last week's cut in the Bank of England base rate. ...
Nationwide cuts mortgage rate
Oct 16, 2008
Times Online, UK -
Nationwide Building Society, Britain’s third-biggest mortgage lender, today said it would cut its Standard Variable Rate (SVR) by 0.3 percentage points to ...
Building societies fail to pass on rate cut | Money | guardian.co.uk
Oct 17, 2008
guardian.co.uk, UK -
Just two of the UK's 59 building societies passed on last week's 0.5% interest rate cut in full, according to latest figures. The move was part of a package of measures to encourage financial institutions to lend to each other and lower borrowing costs for consumers and businesses. ...
Homeowners to miss out as tracker loan providers refuse to cut rates below a minimum
Oct 17, 2008
Times Online, UK -
Thousands of borrowers will miss out on cheaper mortgage bills because some of the biggest lenders prohibit interest rates on their tracker loans from falling below a minimum threshold. Economists say interest rates could fall in the ...
Building societies fail to pass on base rate cut
Oct 17, 2008
Times Online, UK -
Only four building societies have passed on the Bank of England's surprise base rate cut to borrowers on variable rates. Britannia, Nationwide, Melton ...
Be your own bank manager: The message is clear - take control of your financial destiny | Money | The Guardian
Oct 17, 2008
guardian.co.uk, UK -
It has variously been described as the demise of capitalism, the end of modern banking or the day we stopped trusting our financial institutions. Whatever your view of this week's unprecedented £37bn part-nationalisation of three of Britain's biggest banks, one thing is clear ...
Down goes the base rate - up go the mortgages | Money | The Guardian
Oct 17, 2008
guardian.co.uk, UK -
The pressure has been on banks to help home-owners. But the promises all seem to be proving empty There is little to cheer buyers looking for an affordable deal. Photo: Rex/E M Welch ...
The buy-to-let battle is on
Oct 17, 2008
Times Online, UK -
Should landlords tough it out or cut their losses as property prices fall and decent mortgage deals become more scarce? It has been an uncomfortable fortnight for Britain's army of landlords. House prices are falling faster than at any point in the past ...
Property market: Word on the street - Telegraph
Oct 17, 2008
Telegraph.co.uk, United Kingdom -
Hold out until next year to buy a home for even less. By Edmund Conway Difficult to know where to start, so let's begin with the Bank of England's emergency ...
Bill for bailout will cost us dear - Scotland on Sunday
Oct 18, 2008
Scotland on Sunday, UK -
By Teresa Hunter SCOTLAND faced a massive shock last week when the Government took big stakes in three of our major banks, leaving Chancellor Alistair Darling in control of nearly half the UK's mortgages. ...
So will mortgage lenders ever let us come back in? - Mortgages, Money - The Independent
Oct 18, 2008
Independent, UK -
One bailout and one rate cut later and still there's no relief for borrowers. The taps will be turned on again eventually, finds Julian Knight, but forget about generous deals ...

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