Will the bank intervene on the most modern interest rate cut contained by full to their mortgage customers.If not why not?

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Answers:

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if its a fixed rate mortgage then no

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Probably not.

There is a correlation between the interest that mortgage customers pay, and the interest that the bank pay out to the savers. If the mortgage customers settle up any less interest there will not be adequate to pay any interest to savers - hold you seen savings rates immediately? Our 'top rate' account that was paying around 5% last year is now paying smaller number than 1%. And without savers it's more difficult to nouns house loans (savers' money is what is used to lend out for mortgages). So it's all a bit of a vicious circle. Source(s): Used to work in financial sector

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