Interest Cuts Not Passed On ; in Association with Rensburg Sheppards
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Summary
MORE than threequarters of lenders have failed to pass on any of the Bank of England's half-point cut in interest rates, despite further falls in interbank lending rates.
Alliance & Leicester became one of the last of the big mortgage providers to announce it was reducing its SVR, although only by 0.25% as it said wholesale money market costs remain stubbornly high.See the full content of this document
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Interest Cuts Not Passed On ; in Association with Rensburg Sheppards
The money market...
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