0.84% Lifetime Tracker. Keeper or dump

potatoefeet66

September 22 2008. I made a mortgage rate switch over the phone simple as chips.

The rate at the time of the switch was 5.84% Great, Product was free although my lender offered me one exactly the same at .74% plus base, with a fee.

The product was applied by the 24th Sept 2008. Im counting my blessings.

However i have had a few significant issues, you may want to read my recent post, or you may not your choice, ' Information Commissioners Office mortgage data protection Issue'.

Please could anyone advise me as to why, coincidentally why, just five days after the rate was applied a phone call was made by someone at the banks branch making an unsolicited inquiry, The transcript log reads ....' branch called and wanted to know what rate the cust is on and when it was applied. confirmed the rate is 5.84% tracker rate and it was applied on the 24/09/2008 and the scheme number is ****'.

I realise this won't mean much to most but it puzzles me knowing that this lender circa 15th Oct 2008 pulled these product from market.

Thank You

HappyMJ

Branch was probably doing some paper work and rang head office to double check.

The title of this thread asks "keeper or dump" .... I think you know the answer is a definite keeper. Never ever pay any more than the minimum repayment and save your money elsewhere.

Thrugelmir

An internal note. So what?

potatoefeet66

LOL...all the way to the bank.:rotfl:

opinions4u

Am I living in some parallel universe where I'm sane and the rest of the world is mad?

Or is it me who is, in fact, the loon and this sort of thread sits very much in the real world?

Completely lost.

potatoefeet66

Thrugelmir wrote: »

An internal note. So what?

Im sure that the bank had some motive, reason behind the internal check of my interest rate, Im not aware of banks making unnecessary work.

Gentoo365

They would have been filling out a form.

If it was a branch it could also have been someone at that branch who has your details as someone to call for some sort of 'mortgage review', but after looking at the records saw that there was no point as you already were on the best rate.

If anything is surprising it's that they bothered to note that call. I suppose the data protection act requires everything to be noted now, however mundane and meaningless.

mrginge

I remember the OP from his thread last year....

potatoefeet66

mrginge wrote: »

I remember the OP from his thread last year....

Yes Im still here. Justice over will prevail, truth is truth and will remain so.

One thing I good at is the long haul. didn't ever think this issue would be a short nd sweet stroll, especially given the severity of the frauds previously committed by lender in falsifying an entire mortgage application in attempt to force me from a product no longer of commercial benefit to company.

Glad i made an impression I'm choked.

mail2z

I would give an arm for such an interest rate now.

Enjoy the benefits.

potatoefeet66

mail2z wrote: »

I would give an arm for such an interest rate now.

Enjoy the benefits.

thank you Iam certainly one of the lucky ones on that front and I am not taking it for granted.

However there is a dark side to this unfortunately one which was totally unnecessary.