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End Of First Active Mortgages...

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  • ThrugelmirThrugelmir Forumite
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    A2a wrote: »
    Have still remained with them, communication has been pretty poor actually considering they've ceased up and now have RBS taking over.

    RBS owned the Ulster Bank. So they all they have done by closing the operation is remove duplication of services.

    So any likelihood of write off of part of the mortgage balance is nil.
  • ThrugelmirThrugelmir Forumite
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    cem wrote: »
    Have not approached them yet but will do soon. In negative equity currently as bought during peak. Trying to figure out how best to approach them about it. Currently on a 1.49+ BOE rate which is nice

    With such a low mortgage rate. Best to overpay and claw your way back.
  • A2aA2a Forumite
    24 Posts
    Always worth getting in touch - see how you get on and let us know?
  • cemcem Forumite
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    Thrugelmir wrote: »
    With such a low mortgage rate. Best to overpay and claw your way back.

    agreed however if they can write off a chunky amount in return for me taking my business elsewhere..well..free money is free money ;)
  • paulfoelpaulfoel Forumite
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    Im lucky to be with them with a rate of BS+0.75%. Cracking....

    Not planning to move away from them any time soon....

    Was wondering about home improvement though. assuming they wont lend me, say, £10K extra at that rate? LOL
    Cymru am Byth !!! :j:j:j
  • Hi guys,
    I've just received this letter too, basically end of mortgage, 1.1% above current BR 0.5% so 1.6% total.
    The letter explains I can contact RBS to discuss mortgages, am I right to presume the current long term rate I move onto can't be beaten?
    Thanks in advance
    Joe
  • JoeH1982 wrote: »
    Hi guys,
    I've just received this letter too, basically end of mortgage, 1.1% above current BR 0.5% so 1.6% total.
    The letter explains I can contact RBS to discuss mortgages, am I right to presume the current long term rate I move onto can't be beaten?
    Thanks in advance
    Joe

    Hi Joe,

    Did you get anywhere with this? I have a mortgage with them and want to buy another house and was wondering if you can take this mortgage with you, I have a lifetime mortgage with them.:T
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