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The mkiv Supra Owners Club

Interest rates cut to 3%


caliAl

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Isn't there a big 'hoo-ha' that the banks aren't passing on these cuts from the last rate cut?

 

Yeah, its very naughty isn't it? That's why I'm hoping they would've done by the time I remortgage. I think it takes about a month to kick in, allegedly.

 

 

w00t! Just how low will it go, I'm hoping for 0%.

 

0% fixed rate for 5 years would be fantastic IMO! As I've got an interest only mortgage it would mean no payments. Great! :)

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Yeah, its very naughty isn't it? That's why I'm hoping they would've done by the time I remortgage. I think it takes about a month to kick in, allegedly.

 

 

 

 

0% fixed rate for 5 years would be fantastic IMO! As I've got an interest only mortgage it would mean no payments. Great! :)

 

Wow, you're lucky to get a BoE rate, mine is 0.6 above. Who's your lender?

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Yeah, its very naughty isn't it? That's why I'm hoping they would've done by the time I remortgage. I think it takes about a month to kick in, allegedly.

 

 

 

 

0% fixed rate for 5 years would be fantastic IMO! As I've got an interest only mortgage it would mean no payments. Great! :)

 

The banks will obviously put their mark up on and dont be surprised if you see 2-3% above base if it drops that low

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