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Old 28 November 2008, 09:37 PM
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SunnySideUp
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Red face We Now Own Another Bank!

RBS

Aren't we lucky?
Old 28 November 2008, 10:01 PM
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PaulC72
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I'll have 2 please
Old 28 November 2008, 10:04 PM
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SunnySideUp
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Funny how Northern Rock puts UP it's Mortgage Rates!!

With the Government, who own it, shouting for lower Mortgage costs!

Nationwide now pulls it's standard varaible rate Mortgage as it was proving too popular

It's about time the Banks/Building Societies were stamped on in a big way!
Old 28 November 2008, 10:10 PM
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Originally Posted by SunnySideUp
RBS

Aren't we lucky?
lucky we got a bank owner here...
any vacancies boss???
Old 28 November 2008, 10:22 PM
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Phil
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Originally Posted by SunnySideUp
RBS

Aren't we lucky?

When did this happen?

Haven't read anything today
Old 28 November 2008, 10:31 PM
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SunnySideUp
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Originally Posted by phil
When did this happen?

Haven't read anything today
For your perusal

BBC NEWS | Business | Government to own majority of RBS
Old 28 November 2008, 10:55 PM
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Phil
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Thanks
Old 28 November 2008, 11:49 PM
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Petem95
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Originally Posted by SunnySideUp
Funny how Northern Rock puts UP it's Mortgage Rates!!

With the Government, who own it, shouting for lower Mortgage costs!

Nationwide now pulls it's standard varaible rate Mortgage as it was proving too popular

It's about time the Banks/Building Societies were stamped on in a big way!
Risk has increased significantly, so rates are going up and banks are being much stricter about who they lend - fairly obvious! Remember this whole financial crisis pretty much boils down to too much money being lent out which couldn't be repaid!

Banks should be stamped on in a big way - to stop them lending more than 3 x salary for mortgages and not dishing out loans like there's no tomorrow.

Labour dont seem to see things that way tho - they want the banks to go back to lending 8 x salary, lier loans etc etc just to keep the unsustainable bubble alive for a bit longer

Last edited by Petem95; 28 November 2008 at 11:50 PM.
Old 28 November 2008, 11:57 PM
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Phil
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My Mortgage is with Northern Rock and my rate was reduced by.5% this month and by the 1.5% next month

No mention of it going up !!
Old 29 November 2008, 05:04 AM
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richardg
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so does that include natwest? i assume so....
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