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fixed rate mortgages

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craig197343
craig197343 Posts: 1 Newbie
in Mortgages & endowments
I have rermortgaged in the last 6monts to affixed rate mortgage and I received a letter yesterday saying the monthly payment are going up by 7£ are they allowed to do that because I thought a fixed rate was fixed so you know what your paying

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  • ACG
    ACG Posts: 24,539 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Not normally, call them up and ask why it is happening.
    I am a Mortgage Adviser
    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.
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