Bank of Scotland Cuts Rates by up to 0.45%

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July 28th, 2008 by

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Bank of Scotland has revealed it is cutting mortgage interest rates by up to 0.45% as part of HBOS’s ninth rate cut this year.

Halifax will also be cutting mortgage rates by up to 0.30%. HBOS says 45 products will be lowered across the group’s portfollio.

HBOS will be releasing a number of new products including a 10-year fixed rate mortgage and a number deals for customers borrowing over £500,000

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