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But David Hollingworth of mortgage broker London & Country called the move "another lender taking opportunity to alter its SVR".
Another lender agreed to provide $125 million.
"Nobody is rattling anyone's cage," another lender said.
And he noted that another lender will now pay the team's bills for the next month.
If we find another lender who will offer us more we face a big redemption fee.
The bank never responded, and she eventually refinanced with another lender.
So she went to another lender, who seemed sympathetic and referred her to a new contractor.
At the end of last month, the government took control of Glitnir, another lender.
"It may be that another lender will have the better rates at this point," says Hollingworth.
The best lifetime tracker is from First Direct – another lender that only accepts business directly from the consumer.
Falling share prices this week shrank the size of a planned equity offering by the Bank of Communications, another lender.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com