Will Natwest (RBS) cut mortgage rate today or wait?

Over the last few months we have seen the Bank of England cut interest rates, and while some banks pass on the saving swiftly, NatWest owned by RBS (LON:RBS) have usually taken longer than most to pass the saving on, so will today be any different.

The Royal Bank of Scotland Group was once one of the largest banks in the UK, but over the past year a lot has changed. They took over NatWest a few years back, and many thought that the bank could do no wrong, but how times have changed.

Let us hope that Natwest do the right thing by their customers and pass on today’s rate cut. Other lenders such as Lloyds TSB has already stated that they will pass on the savings to their borrowers who are on a SVR (Standard Variable Rate).Opportunity Knocks film Devil in a Blue Dress download

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