First Active Mortage

EdinPheonix

hi, i have a mortgage through First Active which was a subsiduary of RBS but no longer provides new mortgages.

Has anyone heard if they will be raising there mortgage rates?

andyj2

We're also got a First Active mortgage, which is currently 1.1% above the base-rate for the life of the mortgage! :beer:

So thankfully, won't be effected until they put the base-rate up.

I must admit, I've not heard anything about First Active raising their SVR though......

Just to add, we're moving house soon, and will be transferring the existing mortgage across to the new house, whilst keeping the exisiting deal, even though the mortgage will transfer to RBS.

eschaton

Depends on what deal you moved onto after the original deal.

Any I have heard mentioned like the previous poster have been tied to the base rate which is good.

I am on BR +0.99% giving a payable rate of 1.49%, been on that rate for 17 months now since my original 5 year discount deal ended.

MoneyJuggler

I too have a First Active mortgage, not heard anything, but worth checking if you are on SVR, or fixed rate above base for life of mortgage.