One Account rates cut

Browntoa

if it was not for the £799 fee I'd be off to First Directs offset

ash1293

Received the following in a letter from Natwest regarding my offset flexible mortgage today.


The Bank of England has recently announced a 0.5% decrease in the base rate. However, we will be holding your Natwest Offset flexible mortgage rate at its current level. We have based this decision on a wide range of factors including changes in the mortgage market overall.
Your Natwest Offset flexible mortgage will still help you make the most of your finances, allowing you to offset your current and savings account balances to help you repay your mortgage early. You'll be able to underpay, overpay and take payment holidays too (remember, underpaying or taking a payment holiday may affect the level of your later payments). Few lenders offer a mortgage with so much flexibility.









Bunch of !!!!!!

sparkey1

red789 wrote: »

Me again. I'll do some work in a minute.

I have reported One Account to the FSA for misleading advertising. Consistantly since December they have been misquoting rival rates on their website to make their rate seem less unnattractive. Happily this comes under "misleading advertising" which is the responsibility of the FSA. Happily#2 they keep doing it!

I tried reporting them to the advertising standards agency but they weren't interested. I take it you are complaining becuase they are quoted mortgage rates of their competitors from before the the last rate change. Please post their response. They might not do anything unless a number of people complain.

inandoutagain

Someone has got to pay for Sir Fred the Shred's £650,000 per annum pension! It is sickening that our boys and girls in Afghanistan are dying for around £20,000 per annum to defend their country while Sir Fred is being handsomely rewarded for ruining people's lives and businesses. We are mad to tolerate this obscenity.

oldjabez

This really does make me mad.

Sir Fred Goodwin, the former chief executive of Royal Bank of Scotland, is already drawing a pension of £650,000 a year, despite only being 50.

http://news.bbc.co.uk/1/hi/business/7911532.stm

sabretoothtigger

They raised the lowest retirement age to 55 for anyone much younger, again he got lucky

lrr_2

This thread has been viewed 100311 times

Just shows how many are sick to the back teeth with this company!

I am sickened by the news this morning on them!

Coveredinbees!!!!

I got my letter today, what a bunch of bankers!!!! I'm considering FD as even with the £799 fee I reckon we will save £20 a month.

sparky99_2

I got my letter today the same day fred the shred's pension was made public.
So now I know that the 1% extra on my mortgage payments are being payed in part to a guy who took control of one of the worlds biggest banks, nosedived it into the ground (being paid £2 million a year for the privilege) and then cops a £650,000 a year pension for life as a thankyou.
Is it me or is there something fundamentally wrong here! oh and Gordon the OESI can't do anything about it.

Northern_Troll

sparky99 wrote: »

I got my letter today the same day fred the shred's pension was made public.
So now I know that the 1% extra on my mortgage payments are being payed in part to a guy who took control of one of the worlds biggest banks, nosedived it into the ground (being paid £2 million a year for the privilege) and then cops a £650,000 a year pension for life as a thankyou.
Is it me or is there something fundamentally wrong here! oh and Gordon the OESI can't do anything about it.

Got my letter from the RBS today. Instead of stringing the Bull**** sentences together they should have simply sent us all a copy of the following cartoon



I have also received another reply from my MP, Lindsay Hoyle who states:

"I do understand your sense of anger and frustration at the actions of the bank. There is no doubt that the current system of regulation of the banks is totally inadequate and more has to be done. I recently raised this matter in Parliament and enclose the relevant extract from Hansard (this is about short selling)."..... we cannot continue the prsent whereby banks have taken taxpayers money but do nothing to help people during the current downturn."

Nice words but still the Government do diddly squat about it.

The day of reckoning will come for this government and the RBS, but we will all have to pay the price until then.