Sorry for hijacking your thread but we have an offset mortgage and there was no change in payments to our mortagage payment when taken yesterday, it was the same for months now.
Should they have reduced it by now do you think?
Yop, is it an NIB offset mortgage? Didn't know NIB had those but if so, I would think that yes, the rate should have been passed on by now. I only received my letter this morning but this month's repayments have definitely reduced. Hopefully the Dec repayment will have reduced further in line with todays cut.