Tracker mortgage battles

Gorgeous_George

boyse7en wrote: »

I can't think of any other realm of business that blames the competition's price increase for increasing its own price.
In any other industry this would called a cartel. It's just a profit generating exercise

Fair point but, if your competitors increase their margins on tracker products, you will get many times more applicants. Lloyds TSB have to increase their rates to ensure a sensible spread between products or remove the tracker option altogether.

GG

Realy

formulaonefan wrote: »

oh my! Now you are going get a lot of stick for posting that. Don't feed the troll! A troll in this forum who claims he is a troll slayer would post something like this:



Good Luck!

I posted this yesterday here: http://forums.moneysavingexpert.com/showthread.html?t=1224567

formulaonefan wrote: »

http://news.bbc.co.uk/1/hi/business/7673606.stm

All major lenders have put up the tracker mortgage rates. So much for cheap mortgage. damn! I was planning to get a mortgage but it looks like I would have to wait now.

No you put.
All lenders, is that not a troll statement? looks like one lender because of high demand.
Also you are not after a mortgage, I did try to point you to firstdirect though they do some good rates.;)

If you are trying to prove your not a troll at least don't post a link to the statement you made!

PS the second quote you made from me was in relation to you taking glee in the share prices falling.
http://forums.moneysavingexpert.com/showthread.html?t=1225063

If you are not a Troll why make a statement about you on this thread rarther than debating?

"I dont like posting bad news":rotfl: I can't belive you said that.