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mortgage payment gone up by almost 300%
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Which sub-prime lender is it?0
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maninthestreet wrote: »2% above base rate - that would be 2.5%, if you are referring to the current BOE base rate. So where has the 9% figure come from?
A lot of the now defunct adverse lenders used Libor + X% as their revert-to rate - and even that would need to be Libor + 7%. So I think someone has something confused here.....Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0
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