Latest figures from financial website, Moneyfacts.co.uk, show that 38% of the UK’s mortgage lenders have responded to the Bank of England’s cut in the base rate, made earlier this month.The majority, including Halifax, Abbey, Lloyds TSB and Nationwide, have passed on the full 0.25% reduction to customers with loans on standard variable rates (SVRs).Some of [...]
Lenders? mixed response to April base rate cut
