This time, it's the Nationwide, the UK's fourth largest lender, who are increasing rates for new borrowers by up to 0.15% today. That's - of course - a move in the opposite direction to the Bank of England. According to sources, they're likely to be followed by the Alliance & Leicester this week, with other lenders following suit shortly.
Mortgage repayment? Stick it on the card... [January 22, 2008]
PM tells lenders to pass on rate cuts [January 9, 2008]
The Bank of England's not your dad [December 21, 2007]
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