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

Will mortgage rates come down after carney's statement?

13»

Comments

  • Moby_Tide
    Moby_Tide Posts: 129 Forumite
    charlesh wrote: »
    They certainly should do in my opinion.
    Friends of our have been offered base rate + 0.5% for the life of the mortgage :shocked: to port their Alliance & Leicester mortgage to new owners Santander. .

    Is that Santander BR or BOE BR?
  • kingstreet
    kingstreet Posts: 39,443 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    If they are moving house, they will be porting the rate from an old A&L mortgage to a new one with Santander.

    If A&L had still been trading, they would have ported the rate to a new A&L mortgage.

    If porting is permitted in the terms and conditions, a change of lender name or ultimate owner of the business would not affect that.
    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.
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.1K Banking & Borrowing
  • 254.3K Reduce Debt & Boost Income
  • 455.3K Spending & Discounts
  • 247.1K Work, Benefits & Business
  • 603.7K Mortgages, Homes & Bills
  • 178.3K Life & Family
  • 261.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture