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Standard Life increases SVR

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11-16-2007, 07:10 PM

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Standard Life increases SVR

Mortgage borrowers with Standard Life will be dismayed to learn that the company is increasing its standard variable rate (SVR) by 0.15 percentage points, to 7.46%, from Monday of next week. The news comes as a surprise because the Bank of England left the base rate unchanged, at 5.75%, in November.However analysts are warning that [...]

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