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Brett's Weekly Property News: SVR reversal causes outcry for Skipton Building Society customers
25th Jan 2010
Hey guys
The question on everyone's lips is: Should small prints be made bigger? Customers from Skipton Building Society are fuming after news broke that their SVR ceiling will be scrapped. The building society previously promised its borrowers that the SVR would never be more than 3% above the BoE base rate. But on this occasion, due to "exceptional circumstances", they break their promise and refer their customers to the small prints.
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