We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
T-49 and counting (till my fix is up...)
Comments
-
In fairness, the post you are quoting is from May - it's perfectly possible that their policies have changed in that timescale! Regardless though, if making a switch ahead of the end of a fix, ALWAYS double check exactly what position you will be in first - that is the only way of being certain what charges you will - or won't - get hit with!🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
Balance as at 01/09/23 = £115,000.00 Balance as at 31/12/23 = £112,000.00
Balance as at 31/08/24 = £105,400.00 Balance as at 31/12/24 = £102,500.00
Balance as at 31/08/25 = £ 95,450.00
£100k barrier broken 1/4/25SOA CALCULATOR (for DFW newbies): SOA Calculatorshe/her1 -
EssexHebridean said:In fairness, the post you are quoting is from May - it's perfectly possible that their policies have changed in that timescale! Regardless though, if making a switch ahead of the end of a fix, ALWAYS double check exactly what position you will be in first - that is the only way of being certain what charges you will - or won't - get hit with!
To be fair to them, it could be argued that this is a 'no good deed goes unpunished' situation, but when waiving fees has become a well known custom and practice, and when they are all but inviting you to switch tariffs on their website, it's not a situation where any reasonable company would want to have to hide behind the strict wording of its T&Cs.
Happily they are taking a more reasonable approach here and making it clearer that it will kick in from September, and acknowledging they could have done a better job here. So fair play to them I guess, even if this benefit is finally over.
0
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.5K Banking & Borrowing
- 253.3K Reduce Debt & Boost Income
- 453.9K Spending & Discounts
- 244.5K Work, Benefits & Business
- 599.8K Mortgages, Homes & Bills
- 177.2K Life & Family
- 258.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards