15y fixed mortgage with Northern Rock

R320

Hi all,

I took out a a 30y mortgage with Northern Rock in 2006 and got a 15y fixed rate.
The idea being that we could have consistency while the kids grow up and overpay into it to give us some options at the end of the 15y fix (pay it off, downsize etc etc).

Given the current banking situation what I am trying to determine is how watertight the fixed term agreement is.

For example if the government hadn't bailed out Northern Rock and my mortgage had been sold to another bank could this have effected the fixed term agreement?



Paul.

_Andy_

The terms and conditions wouldn't be affected.

R320

Thanks for reply Andy

GOLFER

Hi there

Can i ask what sort of rate did you get a 15 year fised for?

thanks

Golfer

R320

Hi Golfer,

off the top of my head its around 5.6-5.7% fixed for 15y

cheers,

Paul.