{"id":21979,"date":"2016-08-04T20:33:30","date_gmt":"2016-08-04T13:33:30","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/lenders-urged-to-pass-on-interest-rate-cut-to-borrowers\/"},"modified":"2016-08-04T20:39:33","modified_gmt":"2016-08-04T13:39:33","slug":"lenders-urged-to-pass-on-interest-rate-cut-to-borrowers","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lenders-urged-to-pass-on-interest-rate-cut-to-borrowers\/","title":{"rendered":"Lenders urged to pass on interest rate cut to borrowers"},"content":{"rendered":"


\nBailed-out banks NatWest and Lloyds appear reticent to cut SVR rates despite warning from Bank of England governor Mark CarneyLenders have been told that they have \u201cno excuse\u201d not to pass on the Bank of England\u2019s base rate cut to borrowers \u2013 although the two bailed-out banks said they had yet to decide how to react to the decision.Shortly after the Bank cut rates to a new record low of 0.25%, NatWest, owned by bailed-out Royal Bank of Scotland, admitted it had not yet decided on whether or not to pass on the quarter point cut to interest rates to its variable rate mortgage customers. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Lenders urged to pass on interest rate cut to borrowers<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Bailed-out banks NatWest and Lloyds appear reticent to cut SVR rates despite warning from Bank...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-21979","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-5Iv","jetpack-related-posts":[{"id":22037,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rbs-delays-passing-on-bank-of-england-interest-rate-cut-to-borrowers\/","url_meta":{"origin":21979,"position":0},"title":"RBS delays passing on Bank of England interest rate cut to borrowers","date":"August 5, 2016","format":false,"excerpt":"\r Bailed-out bank risks row with BoE governor as it blames \u00a32bn first-half loss on legal challenges Royal Bank of Scotland is yet to decide whether to pass on the Bank of England\u2019s cut in interest rates to its borrowers in a move that risks a row with its governor,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143855,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/leading-uk-lenders-raise-fixed-rate-mortgage-deals-amid-market-uncertainty\/","url_meta":{"origin":21979,"position":1},"title":"Leading UK lenders raise fixed-rate mortgage deals amid \u2018market uncertainty\u2019","date":"April 23, 2024","format":false,"excerpt":"\r Borrowers urged not to panic as banks including Barclays, NatWest and HSBC readjust cost of loansAt least five leading lenders increased rates on their fixed mortgage deals on Tuesday in response to \u201cmarket uncertainty\u201d, adding to pressure on homebuyers and those looking to remortgage.Barclays, HSBC, NatWest, Accord Mortgages (part\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139247,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-lenders-including-natwest-cut-rates-after-surprise-inflation-drop\/","url_meta":{"origin":21979,"position":2},"title":"Mortgage lenders including NatWest cut rates after surprise inflation drop","date":"September 21, 2023","format":false,"excerpt":"\r Brokers expect more home loan reductions with offerings at lowest prices for several monthsLeading lenders including NatWest have cut their mortgage rates after an unexpected fall in UK inflation, and brokers are predicting that others will follow suit over the coming days.Banks and financial firms have announced a fresh\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22777,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/interest-rate-cut-what-now-for-savers-and-borrowers\/","url_meta":{"origin":21979,"position":3},"title":"Interest rate cut: what now for savers and borrowers?","date":"August 13, 2016","format":false,"excerpt":"\r We look at which savings accounts have been hardest hit, who is still offering decent rates, and where to go to get the best mortgage dealHow low can they go? There wasn\u2019t much fat left to trim, but savings rates are now being hacked back even further following the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138733,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/natwest-and-virgin-money-cut-rates-as-mortgage-price-war-spreads\/","url_meta":{"origin":21979,"position":4},"title":"NatWest and Virgin Money cut rates as mortgage \u2018price war\u2019 spreads","date":"August 11, 2023","format":false,"excerpt":"\r Big lenders become latest to reduce borrowing costs, joining four other UK home loan providers this weekNatWest and Virgin Money have become the latest big lenders to slash rates on their fixed mortgage deals, prompting claims that a full-scale home loans \u201cprice war\u201d has broken out.The moves come after\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139063,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hsbc-and-natwest-cut-mortgage-rates-again-as-rivals-tipped-to-follow\/","url_meta":{"origin":21979,"position":5},"title":"HSBC and NatWest cut mortgage rates again as rivals tipped to follow","date":"September 5, 2023","format":false,"excerpt":"\r Decision will ease some of pressure on UK homebuyers and people seeking remortgage dealsHSBC and NatWest have announced a fresh round of mortgage rate cuts and Britain\u2019s remaining large lenders are expected to follow suit in a move that will ease some of the pressure on hard-pressed BritonsHSBC said\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/21979"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=21979"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/21979\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=21979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=21979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=21979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}