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SMI and lender good news
![[Deleted User]](https://us-noi.v-cdn.net/6031891/uploads/defaultavatar/nFA7H6UNOO0N5.jpg)
[Deleted User]
Posts: 0 Newbie
Not having heard yet from the dwp about my reviewed mortgage payments i spoke to my lender this morning(a fairly small 5 branch BS),they seemed unsure of what was happening(they thought the new smi rate would be 0.5% lol) i explained exactly what was happening....anyway to cut a long story short they offered me there and then a new deal,3.99% fixed for 3 years,the arrangement fee usually £495 reduced to £200(and added to mortgage).
Might be worth anyone affected talking to their lender...
this brings my rate to with 0.3% of smi,and instead of having to find £50 a month i`m now only looking at around £10(approx)
Might be worth anyone affected talking to their lender...
this brings my rate to with 0.3% of smi,and instead of having to find £50 a month i`m now only looking at around £10(approx)
0
Comments
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Well done, at last some good news for someone with SMI changes.Mortgage Feb 2015 £178,500 END 2043!!
MFW 2015 £100 /£1000
Watch this space, my MF end date will tumble!!0
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