Bank Of England Cut Rates But Don't Expect Your Mortgage To!

Bank Of England Cut Rates But Don't Expect Your Mortgage To!

Okay, great news, The Bank of England have just cut the base rate from a half, to a quarter of one percent.

That should sound great for those with a mortgage, but obviously dire for those with savings.

But hang on, many analysts are already saying many customers may have to wait until September or later to benefit from savings.

WHETHER this rate is changed DEPENDS on their lender!

Royal Bank Of Scotland, said it might TAKE WEEKS to decide IF AND WHEN it would make any cuts! 

So where does all this leave me and you?
Do you have a plan B?

For a few years now since the era of ultra low interest rates, those with savings or similar investments have had very little return.

Now as I bang on about all the time, there are alternative ways to get a better return on your money,

and it's not with an investment.