Is 3.99% 5 year fix the lowest it will go ??

tengis19

damianmkv wrote: »

I have no idea what i'm expecting..I signed the deed last week, I guess I'll get a confirmation back in the next 10 days or so...

I'm in exatly the same situation, sent off the Deed of variation last Weds.
I assume you are an existing customer & just changing product.
I have yet to open a current account with them yet though, I a little worried that they might demand an A&L account number which I don't have yet.

Stantheman

Woby_Tide wrote: »

It certainly didn't look unique, but I forget what was at the start of it, ended 399 anyway. I will check my emails tonight as I can't access them here and post it.

I applied for the 3.95% fix the other day and was rejected because its only for new borrowers. But I also got that email though and my last 3 numbers were 395 so it looks like those numbers refer to the rate 3.99=399 and 395=3.95. Hope that helps.

damianmkv_2

@tengis19

Yes, I have a mortgage with A&L already, and my 5 yr fix comes to an end this month. They haven't requested anything from me except the signing & witnessing of the DoV.

I don't have a bank account with them and they haven't requested it as it wasn't a requirement for this offer

damianmkv_2

Stantheman wrote: »

I applied for the 3.95% fix the other day and was rejected because its only for new borrowers.

really ? They've offered me 3.95% and my mortgage is already with them...

Stantheman

damianmkv wrote: »

Stantheman wrote: »

I applied for the 3.95% fix the other day and was rejected because its only for new borrowers.

really ? They've offered me 3.95% and my mortgage is already with them...

Yeah, I just checked the site again and its for new borrowers only. They must still give it to existing A&L lenders though.:o

damianmkv_2

God, I hope so !

cbrpaul

will you guys having the 3.95 be paying the £995 fee then ?

damianmkv_2

yes, I am - I know I can add it to the mortgage if I wished, but with HSBC, I couldn't - I would have had to pay upfront

tengis19

damianmkv wrote: »

@tengis19

Yes, I have a mortgage with A&L already, and my 5 yr fix comes to an end this month. They haven't requested anything from me except the signing & witnessing of the DoV.

I don't have a bank account with them and they haven't requested it as it wasn't a requirement for this offer

Thanks for the info, we went for the 3.99 no fee product, which from memory you had to open a premier account with them. I'll check in the morning when I can get to my papers.

Woby_Tide

Email as promised

It was sent to unidsclosed recipients so obviously a generic mass email, though that suggests they may have a record of those they think were eligible for the offer still whether by email/online application number so I guess there is no guarantee for anyone who chooses to chance it

Dear Sir/Madam
Thank you for the recent mortgage application you made via the Alliance & Leicester website.
Due to the current popularity of our mortgage products, and a high volume of customer enquiries, we have unfortunately been unable to contact you to complete your application.
I am writing to advise you that the mortgage product you selected is scheduled to be withdrawn at 8pm on 22nd April 2009. If you wish to proceed with your application, please contact us before this date on 0800 056 3254, quoting reference SF399. One of our Mortgage Specialists will be happy to complete your application, and answer any questions you may have.
If you do not contact us before this date, we will assume you do not wish to proceed and the mortgage product will be withdrawn and your application cancelled.
Please note, acceptance of your application is not guaranteed and is subject to you meeting our lending criteria.
If you have contacted us recently to submit an application, please ignore this e-mail. Please note you will not be able to respond to this e-mail.
Kind Regards
Mortgage Direct Sales