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Following the decision of the Bank of England to increase its base rate to 0.75%, Skipton Building Society has announced that it will not pass on the increase to its customers on Standard Variable Rate (SVR) or Mortgage Variable Rate (MVR).
The Bank of England has upped the base rate for the third time in three months as it attempts to keep a lid on soaring inflation.
The Bank of England has upped the base rate for the third time in three months as it attempts to keep a lid on soaring inflation.
Base rate rises have seen typical rate increase by 0.3% in three months, and landlords are warned of further rises if the Bank of England hikes it again.
Base rate rises have seen typical rate increase by 0.3% in three months, and landlords are warned of further rises if the Bank of England hikes it again.