Mortgage rise
Mortgage rise
ROYAL BANK of Scotland yesterday raised its mortgage rates by a quarter point to 8.75 per cent. The rise, which takes effect from July 1, was announced without any similar rise in savings rates. However, Peter Wood, mortgage product director, said savers were promised higher rates than the average of Royal Bank's competitors.
Subscribe to Independent Premium to bookmark this article
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies