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Unexpected letter
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lou-28_2
Posts: 70 Forumite
We have a mortgage with Halifax and they recently sent us a letter to apologise because when we took out our mortgage we were not informed that if interest rates rise then the interest they charge us (variable) would not be capped.
So as an apology they have paid £2,500 off our mortgage.
I thought ooh thank you very much but now I'm wondering if that means they intend to charge interest through the nose when they start to rise and this payment was to soften us up before the blow.
What do you think?
So as an apology they have paid £2,500 off our mortgage.
I thought ooh thank you very much but now I'm wondering if that means they intend to charge interest through the nose when they start to rise and this payment was to soften us up before the blow.
What do you think?
0
Comments
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Hmmm, interest rates are sure to rise, id be very wary about this.
Banking ombudsman?0 -
https://forums.moneysavingexpert.com/discussion/3066112
Existing thread on this - nothing to be wary about. Just be thankful you've got a chunk off your mortgage.0 -
I wouldn't P*** on them mate !!
Good Luck Anyhow.:beer:Thomson 757 Man0
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