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C&G SVR T&C's
Weizsler
Posts: 14 Forumite
Hi I am wondering if anyone can advise me a bit on the T&C's when on a lenders SVR. My fixed rate came to an end last November and I have been on the SVR with C&G (Im one of the lucky ones I know).
Are there any rules about overpayments I know when it was fixed I could only overpay by 10% each year. Is this the same on the SVR or can I go over the 10%?
Also if I was to rent out my property while on the SVR(while I moved in with girlfriend) would I need to inform them as I am not locked to any specific deal?
Not sure if these are stupid questions that I should know the answer to but would be greatfull if someone could provide the answers.
Are there any rules about overpayments I know when it was fixed I could only overpay by 10% each year. Is this the same on the SVR or can I go over the 10%?
Also if I was to rent out my property while on the SVR(while I moved in with girlfriend) would I need to inform them as I am not locked to any specific deal?
Not sure if these are stupid questions that I should know the answer to but would be greatfull if someone could provide the answers.
0
Comments
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Can overpay by what you like, penalty free as soon as your tie end ( usually same time as moving to SVR- but not always, so check)
Yes you need to get consent to let- believe costs £225, I find that they usually leave you on existing deal if feel " reason to let" is justified"Any posts on here are for information and discussion purposes only and shouldn't be seen as (financial) advice.0
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