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Mortgage rate rip-off: banks stand accused

Home  Dec, 2008

Mortgage rate rip-off: banks stand accused - Despite exhortations from Gordon Brown, mortgage borrowers are being charged more than three times the official Bank of England interest rate, experts have warned



Mortgage rate rip-off: banks stand accused  [12/05/2008 01:17 PM]
Despite exhortations from Gordon Brown, mortgage borrowers are being charged more than three times the official Bank of England interest rate, experts have warned
Sterling faces worst week ever against euro  [12/05/2008 01:17 PM]
Sterling was today on course for its worst week ever against the European single currency, raising the prospect of a one pound euro
Stock market report: Friday latest  [12/05/2008 01:17 PM]
12.30:It looks as if the train operators must also face up to the ill effects of rising unemployment and deteriorating economic conditions
Oil prices are heading for $25 a barrel  [12/05/2008 01:17 PM]
Oil prices could tumble below $25 a barrel next year, research showed, hammering oil producers and delighting motorists
Broadband users to get clarity on speeds  [12/05/2008 01:17 PM]
Consumers will be better informed about the actual speed of broadband they have bought under new rules announced today
Halifax cuts SVR by just 0.25%  [12/05/2008 01:17 PM]
Borrowers at Britains biggest mortgage lender Halifax and largest building society Nationwide will not see the full 1% bank rate cut on standard variable rates
Credit card holders still pay up to 17%  [12/05/2008 01:17 PM]
Bank chiefs came under fire today after being accused of ripping off customers by not passing on interest rate cuts to credit card holders
Retailers in crisis: Who will go bust next?  [12/05/2008 01:17 PM]
November was the month when Woolies finally gave up its battle for survival: December and January may mark the end for many other retailers
Savers lose again as Bank slashes rates  [12/05/2008 01:17 PM]
Millions of savers, and particularly the elderly, are staring at a desperate future as interest rates fall ever lower
Ocado launches budget range to combat crunch  [12/05/2008 01:17 PM]
Ocado is launching its first range of low-price staples as affluent customers start to feel the pinch
Banks not signed up to mortgage rescue plan  [12/05/2008 01:17 PM]
Leading banks today denied they had committed themselves to Gordon Brown's flagship mortgage rescue plan
Interest rates 'are headed for 0%'  [12/05/2008 01:17 PM]
Economists have said the dire economic outlook as Britain heads into a recession will trigger the lowest rates since the Bank was set up in 1694
Thousands more City jobs to go at two major banks  [12/05/2008 01:17 PM]
Thousands more City workers face losing their jobs before Christmas as two of London's largest investment banks announced massive cuts in their workforce
House prices falling faster than 90s crash  [12/05/2008 01:17 PM]
The property market deteriorated sharply in November, with house prices down a substantial 2.6% on the month, according to Halifax data
Sir David and Sir Alex hit as £3bn fund collapses  [12/05/2008 01:17 PM]
A £3bn property fund backed by a host of wealthy celebrities including Sir Alex Ferguson and Sir David Frost has collapsed into administration
Shoppers turn to 'unfashionable' Morrisons  [12/05/2008 01:17 PM]
WM Morrison is storming the south of England, as credit-crunched shoppers abandon the posher supermarket chains and look to slash the price of the weekly shop
New car sales plunged 38% last month  [12/05/2008 01:17 PM]
Sales of new cars fell by 38% last month, official figures will show, with makers of luxury cars, 4X4s and 'gas-guzzlers' bear the brunt of the crash
New buyers in luck as auctions cut prices  [12/05/2008 01:17 PM]
Thousands of homes are being sold for knockdown prices at auction as banks desperately try to offload repossessed flats
The battle against poor customer service  [12/05/2008 01:17 PM]
Bank seeks some new tools  [12/05/2008 01:17 PM]
No one can be really disappointed with the one point cut in the base rate to 2%, the lowest level in a generation
Calamity for pound after banks went bananas  [12/05/2008 01:17 PM]
Village pubs in comeback: that's Capital!  [12/05/2008 01:17 PM]
Hetherington: I'll keep a watch on failed broker  [12/05/2008 01:17 PM]