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Hats off to Lloyds TSB on a bold decision

We found out today that Lloyds TSB and Cheltenham & Gloucester made a brave statement in pledging that they will cut their standard variable rate (SVR) in full in line with the Bank of England rate cut. Not only did they make this pledge, but they...

Published Thu, Nov 11 2008 4:22 PM by Graeme

Filed under: Mortgages, Bank of England, collar rate, base rate cut, standard variable rate, tracker rate mortgage

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Hats off to Lloyds TSB on a bold decision