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Norwich & Peterborough (N&P) tracker mortgage rip-off

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Flashback_2
Flashback_2 Posts: 13 Forumite
edited 29 September 2010 at 10:47AM in Mortgages & endowments
I have a tracker rate mortgage from Norwich & Peterborough for a Buy to Let mortgage.

They had written several months ago to say that they were changing my tracker rate mortgage from BOE+0.99% to BOE+3.4%

N&P are a total rip off and and they have increased my tracker rate mortgage, they point to some convoluted clause

Have taken the complaint to FSA, but they say they don't regulate Buy to Lets. The Financial Ombudsman Service (FOS) who are usually pretty fair, but my complaint went against me. It was a 100% "white wash" or I have been unlucky and got some doppy idiot investigating my claim.

I hate N&P and I think they are serious cheats. If I had taken my mortgage with another bank I would have been better off!!!

STAY AWAY FROM N&P!!!!


Did anyone get luck with the FOS? Has any one taken legal action?
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