Mark Williams's Blog – October 2011 Archive (1)
Mortage Rate Rise: Crisis forces Lloyds to raise Standard Variable Rates
Lloyds Banking Group has become the first big bank to raise Standard Variable Rates, prompting suggestions that the era of borrowing at rock-bottom rates is drawing to a close as the Eurozone crisis deepens.
The move will affect more than 175,000 borrowers who took out mortgages from Bank of Scotland and The Mortgage Business, who will see their rates rise from 4.84% to 4.95%…
ContinueAdded by Mark Williams on October 24, 2011 at 10:00 — No Comments
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