C&G to Lloyds TSB does this mean new Mortgage contract?

Having 3 years left on a C&G mortgage the penalty is currently £2,000 if I pay it off now, but C&G will soon be Lloyds TSB, does this mean a new contract, meaning I can now pay it off in full with no penalty?
who can tell me this info?:confused:


  • RosieTigerRosieTiger Forumite
    863 Posts
    No, they have just sent out letters saying branches might be closing but everything else stays the same.
    RosieTiger - Highest £242,000 Feb 2004 :mad:
    Lightbulb Dec 2008 £146,000 by March 2026:eek:
    MFi3T2 and T3 No 28 - Dec 2009 Start Balance £117,000
    Current Position-Fully off set by savings since March 2013
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