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Watch out if you are a Co-operative Bank Customer
eslick
Posts: 2,062 Forumite
Moving our mortgage from the Co-op Bank because our rate term has ended and there are much better rates available. Got a copy of our redemption statement and we had a charge for insurance. Phoned to query this and was told it was for Mortgage Protection Insurance, something I wouldnt pay for or sign for. Also never a mention of this on our yearly statements or any increase in monthly payment letters and I didnt have any policy details from them.
Any way, they are refunding it back in full, havent mentioned to them yet about interest but will shortly.
If you have a Co-op mortgage and dont have Mortgage Protection Insurance it might be worth checking with them in case you are paying for it but never knew.
Any way, they are refunding it back in full, havent mentioned to them yet about interest but will shortly.
If you have a Co-op mortgage and dont have Mortgage Protection Insurance it might be worth checking with them in case you are paying for it but never knew.
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