In July 2008 when the bank rate was 5% my mortgage provider made a strong effort to persuade me to change my mortgage from a tracker to a fixed rate. this I did and fixed it at 6.29% for 5 years. 212 days later the bank rate was 0.5% With the latest practices which have come to light I wonder if the banks, with all their expertise, suspected that rates were going to fall dramatically. Should they then have informed me of their rate expectations. Obviously those employees doing the selling were acting under instruction. I wonder if there are some 'buried' emails somewhere setting out those instructions and the reasons why.