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Tsb being sold
tsbquestion
Posts: 1 Newbie
Hello I took out a fixed mortgage 3 years ago. If tsb is sold. Does the original mortgage agreement stand. I.e. it honors current deals. Thank you
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Comments
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Your existing arrangement still stands. Though future options maybe limited in nature.0
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Your current deal is a legal contract that cant be taken away unless you break the terms.
But in any event it will take a while to go through and even when it does, it will take a while to get transferred over.
Look at Co-op and Virgin, both bought this year/last year and still trading more or less as they were previously and by all accounts will be for another 12 months at least.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.1
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