Motley Fool: Lenders Sneak In Extra Rate Rises

As always, the banks have been swift to pass on the Bank of England’s recent 0.25% rate rise to those with mortgages but haven’t been quite as quick to hand it on to savers. Quelle surprise!

However, some lenders have taken the opportunity to sneak in even higher rate rises. Perhaps they didn’t think we’d notice the larger than expected rise in standard variable rates but thanks to the eagle eyes of those at Moneyfacts, we can name the culprits:…

Continue reading this article at the Motley Fool



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