We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Help me ...signed for 4.99 fixed today it is 4.79
loveboat1234
Posts: 76 Forumite
I hope anyone can help me with this as I don;t know what is my rights ot not :
I have spoken with my bank beginning of Decemnber for a rate switch and they send the relevant papers ( 12 /12 05 ) I then forgot to sign them as it was a busy time with Xmas and all the presents to open ( haha ) and I send a recorded delivery on the 23/01 accepting the 4.99 fixed for 3 years ( the customer service agent confirmed to be and I have recorded the conversation that the switch would take about 4 weeks to go through ) I then found out today that the barclays ( woolwich ) 3 year fixed rate is now only 4.79% and on the phone they said that I can no switch as it is a binding contract with them and I have no rights to rethink even if it is only 9 working days .......can I do something in a truly moneysaving way ( it is only £9 per months difference but.....still )
Thanks for your help everyone.
I have spoken with my bank beginning of Decemnber for a rate switch and they send the relevant papers ( 12 /12 05 ) I then forgot to sign them as it was a busy time with Xmas and all the presents to open ( haha ) and I send a recorded delivery on the 23/01 accepting the 4.99 fixed for 3 years ( the customer service agent confirmed to be and I have recorded the conversation that the switch would take about 4 weeks to go through ) I then found out today that the barclays ( woolwich ) 3 year fixed rate is now only 4.79% and on the phone they said that I can no switch as it is a binding contract with them and I have no rights to rethink even if it is only 9 working days .......can I do something in a truly moneysaving way ( it is only £9 per months difference but.....still )
Thanks for your help everyone.
Filiss
0
Comments
-
Fixed does mean fixed OP0
-
Would you be asking this question if the rate had gone up?
Rearrange these words "eating cake having it and your"
SSI am a fee charging WoM Mortgage broker.I now no longer give information and opinion within the Mortgage boards, because a number of posters who, having approached me professionally, agreed my fee-which has been been made very clear at the outset, taken my advice (normally cancelling a [home visit] meeting at short notice) have then approached one of the fee-free brokers on here to arrange the very same deal I have advised.Whilst I totally concur with the ethos of "money saving"- abusing the goodwill of a professional who provides a quality service is taking it too far! :mad:0 -
I did exactly the same and just have to stick with ittravelover0
-
I had a similar thing, but the rate went up while my forms were in the post and I ended up on the higher rate! It's just life.:cool: DFW Nerd Club member 023...DFD 9.2.2007 :cool::heartpuls married 21 6 08 :A Angel babies' birth dates 3.10.08 * 4.3.11 * 11.11.11 * 17.3.12 * 2.7.12 :heart2: My live baby's birth date 22 7 09 :heart2: I'm due another baby at the end of July 2014! :j
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.3K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.3K Work, Benefits & Business
- 601.1K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards