CJRS and Standard variable rate: Difference between pages

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imported>Doug Williamson
(Remove surplus text.)
 
imported>Doug Williamson
(Create page. Sources: linked pages and Moneyfacts UK webpage https://moneyfacts.co.uk/mortgages/guides/what-is-a-standard-variable-rate/#:~:text=A%20standard%20variable%20rate%20(SVR,fixed%2C%20tracker%20or%20discounted%20deal.)
 
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''COVID-19 - business continuity - UK.''
''Mortgage lending - interest rates.''


The former UK Coronavirus Job Retention Scheme.
(SVR).


A standard variable rate is a rate of mortgage interest set by the lender, that they have the discretion to change from time to time.


==See also==
It is usually more expensive for the borrower overall, compared with other mortgage deals.
*[[Coronavirus Job Retention Scheme]]
*[[COVID-19]]
*[[COVID-19 Corporate Financing Facility]]
*[[Furlough]]
*[[Her Majesty’s Revenue & Customs]]
*[[Self-Employment Income Support Scheme]]




==Resources for COVID-19==
== See also ==
[https://www.treasurers.org/hub/technical/covid19 ACT technical - COVID-19]
* [[Interest rate]]
* [[Mortgage]]
* [[Variable rate]]


[https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-support-for-businesses UK government: support for businesses]
[https://www.gov.uk/coronavirus UK government: COVID-19 support hub]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:The_business_context]]
[[Category:Financial_products_and_markets]]

Revision as of 12:19, 31 March 2021

Mortgage lending - interest rates.

(SVR).

A standard variable rate is a rate of mortgage interest set by the lender, that they have the discretion to change from time to time.

It is usually more expensive for the borrower overall, compared with other mortgage deals.


See also