Sonic'

Got a letter yesterday from my Building Society saying that they have dropped my mortgage by 1%

That was a nice christmas bonus from them

Certainly wasn't expecting it, in fact I was actually expecting it to go up

nik52wrx

I would have been surprised to see it go up with the recent drops.

ritchie21

We're with Northern Rock and within days of the cuts they wrote and said we were getting the full 1.5% cut. We came off our fixed rate in Sept as our deal with them ended. We had hoped to move this year but are putting it off with the drops in the hope we can keep this house too. Our mortgage is only another 30 quid more now than when we were on the fixed rate! Very happy!!

Sonic'

Mine is about £100 a month less than it was on my fixed rate too

j4ckos mate

Im with c&G mine has dropped from 461 to 460.01

zs_phil

iTrader: (1)

im with halifax and got the full 1.5%
saves me about £10 a month

paul w

Mine has dropped down to £85 now,bonus and my dearest buy 2 let has come down to 295 and i think it was about 450 not so long back,nearly fixed it at 375 the other month so got away with that.

JP4

iTrader: (12)

Luckily mine is a base rate tracker less 0.16 - so mine has gone to 2.84%. The way things are we may even see another rate cut.

Fantom

I got a letter today. Mine went down 1.25% which saves me £70
Another rate drop forecast for Thursday