el chapucero
Registered User
- Messages
- 18
1. 300,000+ SVR mortgage holders, most passively happy to be fleeced by the bank and the "kick the can down the road" attitude of the Government.
2. Minister Noonan has meetings and makes statements but as each month passes the banks continues fleecing the SVR people and throw a morsel of a 0,25% reduction that should have been passed on with other reductions years ago.
3. Now that the Banks are pushed they try to switch the SVR holders to fixed rates to lock them in.
4. No protest.
5. A recent meeting was attended with around 150 people of the 300,000+ [ the banks must be delighted].
If the 300,000+ were really concerned then a target of 3% max SVR would be achieved quickly by well attended strong protests [might be better to have on Saturdays as many have to work during the week to pay the bills].
The only real bargaining tool is a general election vote and more public pressure on elected representatives. This campaign needs people to step up to the plate URGENTLY. Waiting for the Government is a waste of time.
I wonder did any SVR holders protest about water charges ? [ if so it would be a joke the have the equivalent of an annual water charge overcharged MONTHLY by a bank and not bother protesting about that.]
A massive protest is needed before Minister Noonan's July deadline - without this the banks will offer the absolute minimum and get away again and more high mortgage payment months will have passed.
2. Minister Noonan has meetings and makes statements but as each month passes the banks continues fleecing the SVR people and throw a morsel of a 0,25% reduction that should have been passed on with other reductions years ago.
3. Now that the Banks are pushed they try to switch the SVR holders to fixed rates to lock them in.
4. No protest.
5. A recent meeting was attended with around 150 people of the 300,000+ [ the banks must be delighted].
If the 300,000+ were really concerned then a target of 3% max SVR would be achieved quickly by well attended strong protests [might be better to have on Saturdays as many have to work during the week to pay the bills].
The only real bargaining tool is a general election vote and more public pressure on elected representatives. This campaign needs people to step up to the plate URGENTLY. Waiting for the Government is a waste of time.
I wonder did any SVR holders protest about water charges ? [ if so it would be a joke the have the equivalent of an annual water charge overcharged MONTHLY by a bank and not bother protesting about that.]
A massive protest is needed before Minister Noonan's July deadline - without this the banks will offer the absolute minimum and get away again and more high mortgage payment months will have passed.