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Mortgage Express - Incentives to leave

Hi,

Has anyone heard off mortgage express offering incentives to leave? I got some advice from an independent advisor the other week, who hinted that as Mortgage Express no longer offered new accounts and only managed their existing clients, they was also keen to close accounts and had heard that they had offered incentives to customers to move their mortgages.

Has anyone had any first hand experience of this, and if so how did you get it from them?

Thanks

Comments

  • kingstreet
    kingstreet Posts: 39,316 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    None, other than waived penalties, as far as I know. As this comes under NRAM/UKAR they won't be handing out too much taxpayers' money if you're thinking they may cut your redemption figure.
    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.
  • mummytofour
    mummytofour Posts: 2,636 Forumite
    They did in the past but when I called the other month the responce was no.
    Debt free and plan on staying that way!!!!
  • aggypanthus
    aggypanthus Posts: 1,579 Forumite
    1,000 Posts Combo Breaker
    Well they wont be getting rid of me If I can help it. After they stopped offering new products our rate dropped really low. so I amsticking.so far not had any offers from them.
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