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Mortgage Express trackers

dlk
Posts: 260 Forumite


Having seen the Skipton and now Nationwide breaking there interest rate guarantee it appears whether they can do this depends on the wording in your original mortgage documents.
Does anyone know if Mortgage express trackers have a similar possibility. I currently have 3 mortgages on tracker rates of 0.49% above but at the end of this rate next year it reverts to 1.75% above base for the remaining term. Obviously with the current btl mortgage offers out there I would love to stay on that rate indefinately but do you think they could break the original agreement?
Does anyone know if Mortgage express trackers have a similar possibility. I currently have 3 mortgages on tracker rates of 0.49% above but at the end of this rate next year it reverts to 1.75% above base for the remaining term. Obviously with the current btl mortgage offers out there I would love to stay on that rate indefinately but do you think they could break the original agreement?
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