Friday, October 17, 2008

Lloyds Bank raises mortgage costs

The partially nationalised bank, recipient of billions of taxpayers debt, which had the takeover code waived by the odious PM, Gordon Brown, in order for it to acquire the largest mortgage provider in the UK the former Halifax Building Society, is today following the Nationwide in raising its tracker mortgage rate. These facts are reported in the Daily Mail, linked here, which incredibly also reports many in the UK still believe their houses are rising in value, read here.

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