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fixed rate mortgages
craig197343
Posts: 1 Newbie
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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Comments
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Not normally, call them up and ask why it is happening.I am a Mortgage AdviserYou 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.0
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