HSBC Remortgage change in rates.
in Mortgages & Endowments
2 replies 121 views
Hi. My mortgage is due to finish 31/5. House was/is on the market and before all this started the idea/Hope was we would have a buyer and be able to complete soon after the mortgage ended freeing us up to look for a new mortgage. New plan is to stay put so I looked at the remortgage offer and since we received it a few weeks ago the 2 year fixed we would want the interest went up. 1.69 to 1.74 (currently at 1.39). We accepted the 1.74 to start 1/6 however if this rate drops again before then are we able to change it again or are we now looked in as such?
Sorry I have tried contacting the bank for clarification but after being on hold over an hour I gave up. I’m sure there are people trying to get through with more urgent issues.
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