Last month Mortgage Express (who are owned by the government owned Bradford & Bingley) dropped our variable mortgage rate in line with the governments 0.5% cut. However, I am wondering if anyone knows if the same will be happening with the latest 1.5% cut announced this week? I think i saw on sky news earlier that bradford & bingley announced are going to pass this on to customers on the variable rate mortgage, and seeing as they also own mortgage express i was hoping it would also apply to me? i could really do with the extra money each month.
Just called mortgage express and they have no announcement to make at this time.....grrr!
anyone got any views or information that may help to clarify this?!?!?