Has anyone known ERC charges to be waived or reduced?

opinions4u

henrik1971 wrote: »

One final thing though, they said they wouldn't let me pay the 1860 to end the deal early UNLESS I paid to go onto another deal. I guess they know what they're talking about, but seems pretty draconian to me. Is this a standard term when you take a product like a fixed rate? If it is, I'm glad I found out now, so I'm aware of it in the future.

Thanks for the update.

I remember Nationwide introducing a similar rule re transferring to SVR earlier this year. I can only assume Halifax have followed them. It didn't used to be that way, but I can understand why they changed it in the current climate.

Sorry you didn't get the outcome that you'd have hoped for.

henrik1971

opinions4u wrote: »

Thanks for the update.

I remember Nationwide introducing a similar rule re transferring to SVR earlier this year. I can only assume Halifax have followed them. It didn't used to be that way, but I can understand why they changed it in the current climate.

Sorry you didn't get the outcome that you'd have hoped for.

It was an eye-opener having the conversation with the lady in the branch. In years gone by they've always seemed happy go lucky. Today there seemed to be an air of quiet desperation about a couple of the people I've had dealings with down there, like they're expecting to lose their jobs at any moment.

[thanks]thanks opinions4u[/thanks]

opinions4u

henrik1971 wrote: »

It was an eye-opener having the conversation with the lady in the branch. In years gone by they've always seemed happy go lucky. Today there seemed to be an air of quiet desperation about a couple of the people I've had dealings with down there, like they're expecting to lose their jobs at any moment.

Halifax was always fun. Hard work, but fun.

I would suspect that Lloyds don't quite understand that side of banking.

The irony of all this is that HBOS retail (as opposed to the pile of !!!!! that was HBOS Corporate) is probably a more successful business than Lloyds retail.

Going to be interesting to see where it all ends up.