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Fixed Rate coming to an end
adiwood
Posts: 211 Forumite
My fixed rate is coming to an end.
I phoned up HSBC expecting them to offer me a new product, and then show my chooses on here for your thoughts but it wasn't to be.
I bought my flat for 97k, fixed for 3 years on an Interest Only but overpaid so owe 93'500k.
Apparently my flat is now worth 77K :eek: according to them and so I have to go on the variable rate.
Not really a problem as I can now pay an extra £200 overpayment, but it certainly is a little scary not being able to get anything.
Will be trying to pay off as much as I can now - quite excited at the prospect of being able to overpay as much as I can! :j
I phoned up HSBC expecting them to offer me a new product, and then show my chooses on here for your thoughts but it wasn't to be.
I bought my flat for 97k, fixed for 3 years on an Interest Only but overpaid so owe 93'500k.
Apparently my flat is now worth 77K :eek: according to them and so I have to go on the variable rate.
Not really a problem as I can now pay an extra £200 overpayment, but it certainly is a little scary not being able to get anything.
Will be trying to pay off as much as I can now - quite excited at the prospect of being able to overpay as much as I can! :j
£4000 in 2011 - £48.88/£4000
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