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Which lenders have been passing on the Base Rate cuts - full list

Last post Tue, Feb 10 2009, 5:34 PM by Margaret-Rose. 3 replies.
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  •  Tue, Feb 10 2009, 5:34 PM

    Re: Which lenders have been passing on the Base Rate cuts - full list

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    Mine has and it is GE Money. I was quite surprised after reading the forums and things, but they have.
    • Post Points: 5

  •  Tue, Feb 10 2009, 4:25 PM

    Re: Which lenders have been passing on the Base Rate cuts - full list

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    Ah!!! Old hat it would seem! :)
    • Post Points: 20

  •  Tue, Feb 10 2009, 4:21 PM

    Re: Which lenders have been passing on the Base Rate cuts - full list

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    Hi MA99,

    It's also here and we've been updating it on a regular basis...has been since the start of December... ;o)

    'How has your lender responded to the rate cuts?'
    • Post Points: 20

  •  Tue, Feb 10 2009, 4:12 PM

    Which lenders have been passing on the Base Rate cuts - full list

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    Saw a table on the BBC website which showed lenders who had passed on teh Base Rate cut http://news.bbc.co.uk/1/hi/business/7872344.stm and also on moneysavingexpert.com (Am I allowed to say that?!?! :P ) which showed this graph from a blog which I've pasted.

    Quite unbelievable - proof, as if it was needed, that banks are doing virtually nothing save for LLoyds and a few others in terms of passing on Base Rate cut benefits.

    LenderJanuary SVRTotal SVR cut since Oct 08*Oct-08 SVROct-08 to Jan-09 Base Rate ReductionOct-08 to Jan-09 Lender Reduction% Lender Reduction to Base RateChelsea BS5.79%1.156.94%3.00%1.15%38%GE Money8.44%1.9510.39%3.00%1.95%65%Standard Life5.54%1.557.09%3.00%1.55%52%Yorkshire BS4.99%1.916.90%3.00%1.91%64%Barclays (Woolwich)5.49%2.157.64%3.00%2.15%72%Alliance & Leicester5.09%2.17.19%3.00%2.10%70%Brittania BS4.74%2.066.80%3.00%2.06%69%Northern Rock5.09%2.47.49%3.00%2.40%80%Coventry BS4.74%2.357.09%3.00%2.35%78%Abbey4.69%2.47.09%3.00%2.40%80%Clydesdale & Yorkshire4.74%2.557.29%3.00%2.55%85%Skipton4.50%2.456.95%3.00%2.45%82%Bradford & Bingley4.84%2.757.59%3.00%2.75%92%HSBC3.94%2.316.25%3.00%2.31%77%One Account (RBS)4.35%2.77.05%3.00%2.70%90%Halifax4.50%37.50%3.00%3.00%100%RBS4.19%37.19%3.00%3.00%100%Bristol & West3.99%3.17.09%3.00%3.10%103%Nationwide BS3.50%3.496.99%3.00%3.49%116%Lloyds TSB/ C&G3.50%47.50%3.00%4.00%133%
    • Post Points: 20