We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
When Abbey became Santander in Jan 2010,
podgy
Posts: 118 Forumite
should those on fixed rate Abbey mortgages have been given the opportunity to change?
[I'm just coming off a five year Abbey deal which began in 2008, had I been able to change in 2010 when rates were significantly lower than in 2008 I certainly would have done so]
[I'm just coming off a five year Abbey deal which began in 2008, had I been able to change in 2010 when rates were significantly lower than in 2008 I certainly would have done so]
0
Comments
-
No. They shouldn't.
When your/their fixed rate ended, you/they had the same opportunity to change lenders as anyone else had. Santander honoured the terms and conditions of Abbey borrowers and your fixed rate and payments were also honoured, I expect?I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0 -
The fact that the Abbey was bought by Santander. Did not change your contractual 5 year fixed term product.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247K Work, Benefits & Business
- 603.6K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards