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| The Clubs Virtual Pub For general chat, so come on in and pull up a chair. |
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05-02-2009, 14:04
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#1 |
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Administrator
Join Date: Feb 2007
Location: Shropshire
Vehicle: Tonka Toy
Posts: 1,044
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Bank of England cut rate to 1%
So once again the people in debt are rewarded... but those with savings are shafted
 
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05-02-2009, 14:05
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#2 |
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Senior Member
 Join Date: Aug 2008
Location: Devizes Wiltshire
Vehicle: Nissan Note Ntec 1.5
Posts: 14,138
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only if its passed on though
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05-02-2009, 14:24
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#3 |
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Guest
Posts: n/a
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Will this rate be passed on
I cant see the banks & building Societies passing this rate on to customers not even anything like it. OK if you are on a tracker though.
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05-02-2009, 15:28
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#4 | |
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Moderator
 
Join Date: Dec 2004
Location: Hackenthorpe Sheffield
Vehicle: Terrano2 R20 lwb 2.7TDi
Posts: 5,234
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Quote:
yep certainly am, my mortgage has been dropping almost every month for 2 years thanks to decreasing rates, the 'savings' have been reinvested in a personal loan from another bank to buy our caravan. All work and no play was making TtT2 one unhappy bunny, now have something to smile about for same outlay. 2 home family!
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M6YTB / 20YTB '60' 2010 Ford C Max Zetec 1.6i, black '56' 2006 Jeep Grand Cherokee 3.0TD, silver 2021 Bailey Pegasus Grade SE Turin caravan Smile, its more likely to confuse. One Life, Don't Just Live It, Drive a Nissan, or ...... a Jeep. Owner of Nissan 4x4s 2005 to 2019, and maybe in the future too! |
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