CBS Offering BTL fixed at 3.99 for 5 Years

pickles110564

silvercar wrote: »

You need to save it somewhere on your computer, then in your reply, click the icon that looks like a picture (next to the quote button), browse to it and click "OK".

Another thread on the mortgage board, where someone has been offered a 5 year fix at 3.99 to come out of the BBR+0.75%, that one was a lifetime tracker and residential.

Hi mate is that ok?
even you said i was a wind up!

silvercar

Generally, you do a scan showing the whole page with (personal bits blacked out), so people can see the headed paper etc rather than a cut and paste. Anyone can copy and change a few numbers.

I'm willing to eat humble pie on this one.

silvercar

Thread on mortgage board,

http://forums.moneysavingexpert.com/showthread.html?t=1292881

Different user, in a lifetime tracker on a residential mortgage, given the same offer as you. Can understand CBS offering the deal to someone on a lifetime tracker, but your deal is just finishing, so don't know why they have felt the need to offer it to you.

Wnoder why I haven't been offered it?

pickles110564

the~
COVENTRY
TLC not PLC
OAKFIELD HOUSE BINLEY BUSINESS PARK BINLEY COVENTRY CV3 2TQ

Your ref:
Our ref:

Tel No: 0845 7665522
Fax No:
Date: November 2008

A new option for your Buy to Let mortgage
As you are aware, your current Buy to Let mortgage scheme comes to an end on 31 December 2008,
and we wrote to you in October regarding the options available to you.
Although you may have already responded to that letter, the recent Bank of England Base Rate
reduction means that the 0.75% Base Rate Tracker that your Buy to Let mortgage would naturally
mature onto on 1 January 2009 would be 3.75%.
The Base Rate is now at its lowest level since 1955, which means your Base Rate Tracker mortgage
will give you a great deal. Also, your mortgage rate will follow any further cuts, without any floor on the
product, meaning that your monthly payment could reduce still further.
Alternatively, you may wish to take advantage of this low rate environment and consider fixing both
your rate and your monthly payment for the next five years. This provides peace of mind should
interest rates startto ri-se in- future years.
We have created the following product exclusively for maturing customers:
• 3.99% Fixed for five years.
Full details of this product are on the back of this letter. Please be aware that to secure this product
for 1 January 2009, you must return your paperwork as soon as possible. We do, however, guarantee
to keep the offer open until 5 December 2008.
Please note, you will not be charged a fee for transferring to this product. However, if you apply for it
and subsequently decide not to proceed, we will charge you a fee of £199 to cover the costs we have
incurred in securing the funds relating to this product.
We’re ready to help you review your options and find the right product for you. Please call our
Customer Service Centre on the number above quoting reference and we’ll be happy to
help.
Yours sincerely -


Keith Williams
Manager - Direct Sales
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Customer Service Centre hours are Monday to Friday 8am-Spm, Saturday 9am-Spm and Sunday lOam-4pm,
Please contact your service provider for details of charges, as call costs may vary.
Society is authorised and regulated by the Financial Services Authority (FSA reference number t50892t The Society introduces only
to the Norwich tJriion Marketing Group, ~
nbero of which are authorised and regulated by the Financial 5e~ices Authority. Member of The Building Societies Association.
Shares and Deposits are Trustee Investments.
To maintain a quality service, calls made to and from the Society maybe monitored and recorded. 0X18855 Cov2 www.thecoventry.co.uk
Coventry Building Society. Regiotered Office: Economic House, PG Boa 9. High Street. Coventry CV~ SON. INVESTOR IN PEOPLE
B nnnnnn

there you go the 2nd page, I guess you lot have won anyway because I could not sleep as this has really upset me and been on my mind that you all did not believe me.
I thought over the time that the banter we had passed back and forth was only if you said black I would say white.
The one good thing out of this is !!!!!!? I now call you friend because you did not stoop so low and call me a liar.
Thanx mate
Pickles

Lotus-eater

Pickles, I couldn't give a hoot if you have really been offered this or not, so if I believe you or not doesn't come into it at all. But what you have posted proves nothing.
Why don't you upload a photo on another hosting site with all the relevant bits to yourself blacked out. If you or anyone else cares enough, which I doubt.

abaxas

3.99% five year fee-free Fixed Rate mortgage
• A 3.99% Fixed Rate mortgage to 31.12.13, current applied rate 3.99%
• Followed by Privilege Rate for the remaining term of your mortgage, current applied
rate 5.24% (variable) from 01.01.14
• The overall cost for comparison is 4.8% APR
• Early Repayment Charges of 4% of the balance repaid apply until 31.12.13
• No booking fee
• No arrangement fee
• Daily interest
• First born to be sacrificed to the devil
• Free Michael Jackson Cd

pickles110564

silvercar wrote: »

Generally, you do a scan showing the whole page with (personal bits blacked out), so people can see the headed paper etc rather than a cut and paste. Anyone can copy and change a few numbers.

I'm willing to eat humble pie on this one.

Thanx mate
Sorry but i am not to good getting it to scan have four headers OCR email file and image
Tell me what to do and to transfer it up and i will give it ago.

Kenny4315

I'm holding ... will fix in early 2009. My view is the interest rates a heading in only one direction ...downwards .... as Mr Brown et al have virtually no idea how to put together a strategy encompassing many economic elements, so interest rates will be the primary tool (or some may say MR Brown is the primary tool).

At present on BR tracker after fixed deal, but after one month of higher payments, I am now faced with a nice period of substantially lower payments.

pickles110564

Lotus-eater wrote: »

Pickles, I couldn't give a hoot if you have really been offered this or not, so if I believe you or not doesn't come into it at all. But what you have posted proves nothing.
Why don't you upload a photo on another hosting site with all the relevant bits to yourself blacked out. If you or anyone else cares enough, which I doubt.

Show me how to do it please.

silvercar

I read your original post, that your current deal was BOE+0.75 and that was what was coming to an end, not that that was what was just starting. My mistake:o

Now I can understand why they have offered you this deal.

Apologies.