We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 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!
Too good to be true?
Options
scomax
Posts: 5 Forumite
Hi there,
i'm new here. Just wondering what your thoughts were on this deal First Direct have at the moment.
Its an offset tracker that follows BoE rate for 2008 and then revert back to svr from 01.01.2009. No product fee as i'm remortgaging from anoher lender, valuation free will be refunded on completion for same reason. Before end of year you can change to another product (svr is expensive!, not paying that) and there no redemption fees.
Whats the catch? I spoke to someone at FD and he confirmed that this is the deal. No fees whatsoever upfront or on leaving. Great, where do i sign.
PS. i have nothing to offset but i'm not bothered about that.
i'm new here. Just wondering what your thoughts were on this deal First Direct have at the moment.
Its an offset tracker that follows BoE rate for 2008 and then revert back to svr from 01.01.2009. No product fee as i'm remortgaging from anoher lender, valuation free will be refunded on completion for same reason. Before end of year you can change to another product (svr is expensive!, not paying that) and there no redemption fees.
Whats the catch? I spoke to someone at FD and he confirmed that this is the deal. No fees whatsoever upfront or on leaving. Great, where do i sign.
PS. i have nothing to offset but i'm not bothered about that.
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 350.9K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.9K Work, Benefits & Business
- 598.7K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards