CBS Offering BTL fixed at 3.99 for 5 Years

chucky

mewbie wrote: »

You know I'm the last person in the world to cast aspersions but I had a good look at that letter. Reckon it would not be difficult to mock up an 'official' looking letter from anyone you care to mention. Does seem a bit strange that the CBS are offering the following BTL rates...

http://www.coventrybuildingsociety.co.uk/mortgages/BTLSchemes.aspx

and yet you get 3.99%. Why is a BTL mortgage so cheap? Have they got funds to spare? What the heck is their normal mortgage rate to customers thinking of renewing? Why don't I rush out and buy buy BUY!!!

One other thing. If you save the picture and then blow it up in Windows picture editor it is just about possible to make out the reference number. I don't think it matters particularly in this case, but any MSE'ers thinking of doing the same with other confidential information might want to reconsider.

why would anyone think it's not genuine when the guy has shown a copy of the letter and also someone else on the mortgage board got a similar offer.

the negative people (Bears in !!!!!! speak!?) should really stop being bitter and get a grip of reality that we are not all going to live in airport hangers and just eat canned food for 50 years!!

mewbie_2

chucky wrote: »

why would anyone think it's not genuine when the guy has shown a copy of the letter and also someone else on the mortgage board got a similar offer.

For the sheer hell of it. You know that feeling you get when you're living life on the edge, another successful day at work, just when you think things couldn't get any better they suddenly do. A whirlwind merry go round of drinks, canapes, yachting, golf, lap dancing and horse racing. Or maybe just another poxy day at work and more bills when you get home and the only light moment is the chance to wind up [strike]some plonker [/strike]revered poster on MSE?

er. That's why.

FungusFighter

silvercar wrote: »

I think we all now accept it is genuine. Another poster on the mortgage board had the same offer. I think the point is Coventry are happy to move people on lifetime trackers onto 5 year fixes. New offers won't be as good, these offers are shifting around people already with them.

Did anyone else notice that the thread started by "Handful" in Mortgages was started within minutes of someone on here suggesting that Pickles should start a thread in Mortgages? :rolleyes:

chucky

mewbie wrote: »

For the sheer hell of it. You know that feeling you get when you're living life on the edge, another successful day at work, just when you think things couldn't get any better they suddenly do. A whirlwind merry go round of drinks, canapes, yachting, golf, lap dancing and horse racing. Or maybe just another poxy day at work and more bills when you get home and the only light moment is the chance to wind up [strike]some plonker [/strike]revered poster on MSE?

er. That's why.

i get you now!!! <<chucky virtually high fives mewbie>> :beer:

mewbie_2

Actually I too had a revised offer this morning. Don't know how to scan so here is the gist of it. Beats that 3.99% hands down....

Sheridan Building Society
1 The Road, Oldtown, AN1 23H

Dear Mr. M.....,
pleased to offer you fixed rate starting in 2009 at 0.27% for twenty five years. £3 arrangement fee, refundable when you complete. Plus 1000 Clubcard points.

Please contact us before 1st April 2009.

handful

FungusFighter wrote: »

Did anyone else notice that the thread started by "Handful" in Mortgages was started within minutes of someone on here suggesting that Pickles should start a thread in Mortgages? :rolleyes:

Don't know what this guy Pickles has done to upset you but I didn't even know about this thread until it was pointed out by someone else on mine. (but at least it gives you all a chance to thank each other profusely to raise your social standing on this site)

I posted it in 'Mortgages' as it somehow seemed relevant to that forum. Although I shouldn't feel a need to do so, I will post the links to photobucket that show the letter (with personal details removed) to end this argument once and for all.

http://i488.photobucket.com/albums/r...7/scan0001.jpg
http://i488.photobucket.com/albums/r...7/scan0002.jpg

[strike]pickles[/strike] oops sorry, handful

FungusFighter

handful wrote: »

Don't know what this guy Pickles has done to upset you but I didn't even know about this thread until it was pointed out by someone else on mine. (but at least it gives you all a chance to thank each other profusely to raise your social standing on this site)

I posted it in 'Mortgages' as it somehow seemed relevant to that forum. Although I shouldn't feel a need to do so, I will post the links to photobucket that show the letter (with personal details removed) to end this argument once and for all.

http://i488.photobucket.com/albums/r...7/scan0001.jpg
http://i488.photobucket.com/albums/r...7/scan0002.jpg

[strike]pickles[/strike] oops sorry, handful

Pickles is a multi-persona bull-troll and wind-up merchant and if his posts are treated with suspicion and he has no-one to blame but himself.

chucky

FungusFighter wrote: »

Pickles is a multi-persona bull-troll and wind-up merchant and if his posts are treated with suspicion and he has no-one to blame but himself.

so what do you think about the mortgage deal he has been given?

i think it's a great deal - the lower rate will help him reduce his mortgage debt much quicker with over-payments. probably give him more profit especially if he keeps the same tenants.

handful

FungusFighter wrote: »

Pickles is a multi-persona bull-troll and wind-up merchant and if his posts are treated with suspicion and he has no-one to blame but himself.

I'll take that as an apology then

FungusFighter

TBH you gamble whichever deal you take on anything and it all comes down to personal choice in the end. The only thing that is a given is that you win some and you lose some but the banks win 'em all.