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A & L Rip off for existing customers
Comments
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As MarkyMarkD said "
Secondly, your logic is fine if you want to stay with one lender for life. A lifetime tracker is a relatively good deal, on a smaller mortgage.
But for a long time you could have switched from one sub-BBR tracker to another with A&L, and paid only a £250 switcher fee and a £499 (or similar) product fee. That is way cheaper than lifetime BBR+0.23% for anyone with a big mortgage.
What is best for one borrower is not best for another, necessarily.[/
Totally agree MarkyMarkD - good points - we don't even know how big this mortgage is to even know what would be best advice.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.0 -
Actually the opposite. This company is actually has many bad books and many other lenders too! It is a way to send them out and not stick with this company.Motto: 'If you don't ask, you don't get!!'
Remember to say thank you to people who help you out!
Also, thank you to people who help me out.0 -
Does that post mean something, Teddy? If it does, then maybe it's just me who's0
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