Abbey set to Increase its Standard Variable Rate

If you have still have an Abbey / Santander mortgage the lenders Standard Variable Rate (SVR) is on the increase from the 1st October 2012 from its current 4.24% to 4.74% which will add an additional £26 a month to a £100k mortgage. Do not worry if you are currently on a fixed or tracker rate as the above increase is only applicable to those of you that are currently sitting on the lenders SVR, or are about to finish a current fixed or tracker rate deal and will soon revert to the lenders SVR. If you will be affected by this interest rate increase please feel free to contact our team and we will look at the mortgage options available to you with an alternative lender. Rest assured, there are no fees and charges to this comparison service we offer. Just some of our recent awards we have won based on our service and advice.

Published on 30 August 2012

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