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woolwich mortgage - should i be worried
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warped
Posts: 35 Forumite
I have a lifetime tracker and as the base rate has just dropped i called them up to get the monthly payments recalculated (which is what you have to do)
however, they told me on the phone that all customers were getting a letter after 1st Nov (mortgage year end apparently) to advise them of how things would now work
i pay by DD and have never missed a payment - should i be worried that something fishy is now going on?
i did note on their website that my mortgage, which when i took it out at xmas required a 75% LTV now requires a 60% LTV!
however, they told me on the phone that all customers were getting a letter after 1st Nov (mortgage year end apparently) to advise them of how things would now work
i pay by DD and have never missed a payment - should i be worried that something fishy is now going on?
i did note on their website that my mortgage, which when i took it out at xmas required a 75% LTV now requires a 60% LTV!
0
Comments
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Well we will see what they have to say when the letters arrive.
You have the deal so that should not be a problem
I would just leave the payment as it is and overpay a bit.0
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