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Lifetime tracker mortgage advice
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getmore4less wrote: »There are more options than just taking the followon rate,
The high follow rates on suggest that lenders are allowing themselves a clear margin of comfort and ensure that they themselves would have no need to raise rates sharply. So cannot be accused of offering teaser rates to draw people in. Funding for Lending (Mortgages) starts to repaid post 2017 so that will have an impact.0 -
There was a time when some lenders were trying to keep customers with very competative followon rates.
Barclays had some realy good ones when the trackers were at base + <1%.
The key for anyone on base+2% or less to look at what they would be giving up, especialy if there are other terms like refunds of overpayments.0
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