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Am i still fixed?
Bash1810
Posts: 1 Newbie
Hi all,
I took my first Mortgage out just over 5 years ago with Halifax. I was fixed at 5.990% for 5 years and they were fixed for in 10 years.
I looked at changing in around December time when my 5 years were up and I could deffinately get a cheaper rate at the time. However, due to being crazy busy with weddings and work I didnt get around to changing my rate and have began paying a 6th year. Am I now fixed into the whole year or can I get out any time after the 5?
I found it very cheeky of Halifax to send me a letter offering me new lower rates now 5 years were up however automatically renewed the old 5.990 rate and continued to charge me.
I owe approx £53k on my house valued at around £115k
Im determind to get this sorted today and have checked my credit rating with experian which is at 972.
I have tried to call Halifax and after 35 mins on hold on 0845 number I gave up.
I took my first Mortgage out just over 5 years ago with Halifax. I was fixed at 5.990% for 5 years and they were fixed for in 10 years.
I looked at changing in around December time when my 5 years were up and I could deffinately get a cheaper rate at the time. However, due to being crazy busy with weddings and work I didnt get around to changing my rate and have began paying a 6th year. Am I now fixed into the whole year or can I get out any time after the 5?
I found it very cheeky of Halifax to send me a letter offering me new lower rates now 5 years were up however automatically renewed the old 5.990 rate and continued to charge me.
I owe approx £53k on my house valued at around £115k
Im determind to get this sorted today and have checked my credit rating with experian which is at 972.
I have tried to call Halifax and after 35 mins on hold on 0845 number I gave up.
0
Comments
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Check your original offer as the terms will be set out there (check sections 4 and 10 particularly)I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, 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.0
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