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Rooftop Mortgage Offer
superswally
Posts: 1 Newbie
Hi,received an offer from our current lender Rooftop by letter yesterday. If we remortgage with another lender before 31st Dec 2009 we will receive a discount of £6800(10%) plus have no repayment charges or exit administration fees to pay? This offer seems too good to be true?
We have already been approved for a remortgage with Abbey and intended to give Rooftop notice as required next week. Has anyone ever heard of this kind of offer being made before? I know that the company have stopped taking on new borrowers but can they really being offering us money to leave? If its true then its like a lottery win for us but Im dubious, any advise would be appreciated.
We have already been approved for a remortgage with Abbey and intended to give Rooftop notice as required next week. Has anyone ever heard of this kind of offer being made before? I know that the company have stopped taking on new borrowers but can they really being offering us money to leave? If its true then its like a lottery win for us but Im dubious, any advise would be appreciated.
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Comments
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Get on the phone to them and ask is this true and can you have this offer confirmed in writing!
I know you have a letter from them but you could do with a current balance and details of the £6800 discount and proof that you wont have to pay ERC or exit fees.
Some lenders are trying to reduce there mortgage accounts ( DEBTS!) and need cash so if you can remortgage to another lender ( hopefully at a better rate ) then well done and good luck0 -
Yes it's all legit, has been discussed on the forum before.0
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superswally wrote: »Hi,received an offer from our current lender Rooftop by letter yesterday. If we remortgage with another lender before 31st Dec 2009 we will receive a discount of £6800(10%) plus have no repayment charges or exit administration fees to pay? This offer seems too good to be true?
We have already been approved for a remortgage with Abbey and intended to give Rooftop notice as required next week. Has anyone ever heard of this kind of offer being made before? I know that the company have stopped taking on new borrowers but can they really being offering us money to leave? If its true then its like a lottery win for us but Im dubious, any advise would be appreciated.
Contact them and tell them you will accept double that - if you are moving your mortgage anyway best to squeeze the most you can out of the deal.0 -
We have already been approved for a remortgage with Abbey
You are one of the lucky ones. A lot of folks can't escape.0
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