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Halifax to raise SVR

Graham_Devon · 2012-02-28 17:25:42

A mortgage consultant believes other lenders will follow suit, upping current SVR's. Apparently though, this won't change the amount customers pay. So I'm much confused. What's the point in upping the cap from 3% above rate to 3.75% above rate, if no ones going to pay it? Or is this only for customers not currently on SVR?…

Comments

Graham_Devon Posts: 58,560 Forumite

21 July 2012 at 8:47AM

Crabby_Cripple wrote: »

I still have complaint running re Halifax 'goodwill' payments with ombudsman. Has anyone else???

HELP OR ADVICE V WELCOME. DONT REALLY KNOW WHAT I'M DOING???

What's the complaint?

Either you fell into the group of people who got money back or you didnt?

The FSA gave their OK for the halifax to continue with the defunct T&C's so long as the goodwill payment was made. Acceptance of the goodwill was acceptance of the altered terms.

That's banking for you.

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