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Mortgage co will not give me a deal
chrisnickitom
Posts: 5 Forumite
Hi all, I am new to this so please bear with me.......
Right, I have had a Mortgage with Abbey (Santander) for over 9 years now and have always got a new deal when my current has expired. We always get 3 years fixed at lower rates then the market and are happy to do this.
We have now finished our current deal but the Abbey will not give us a deal but instead say that all we can have is capital repayment at there base rate not the 1/2% bank of England rate. We are paying 1400.00 per month on a 180,000.00 mortgage which we feel is a bit steep.
I think this is happening because I was made bankrupt in 2008 which I have since been released from.
We have never missed a payment on our mortgage.
Can someone please advice on how to lower our mortgage repayments with Abbey or are there any other options open to us.
BR
Chris and Nicki
Right, I have had a Mortgage with Abbey (Santander) for over 9 years now and have always got a new deal when my current has expired. We always get 3 years fixed at lower rates then the market and are happy to do this.
We have now finished our current deal but the Abbey will not give us a deal but instead say that all we can have is capital repayment at there base rate not the 1/2% bank of England rate. We are paying 1400.00 per month on a 180,000.00 mortgage which we feel is a bit steep.
I think this is happening because I was made bankrupt in 2008 which I have since been released from.
We have never missed a payment on our mortgage.
Can someone please advice on how to lower our mortgage repayments with Abbey or are there any other options open to us.
BR
Chris and Nicki
0
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