brazen_dude
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Opted for 2.3% fixed on my existing mortgage with ulster... got a letter confirming the rate as 2.3% till september 2021 which is for 3 years... LTV < 60%
got a letter confirming the rate as 2.3% till september 2021 which is for 3 years... LTV < 60%
Could be a typo, but the letter confirms that my fixed will stay at 2.3% until 30/09/21... didnt negotiate...Hi Brazen
Is that something you negotiated separately with them or do you think it's a typo?
Brendan
the letter i got after signing the initial offer letter says "fixed at 2.3% until 30/09/21"just had a quick look at the sheet I sent back. ( copy ) the 2 yr fixed rate until 30/09/20 at 2.3%.
The rate that is directly below it is a 3 yr fixed at 2.8% until 30/09/21.
id give them a quick call and just ask, what is the rate that is now on your account.
Ulster confirmed that its a typo on their end and will be sent a new letter as 2020..id give them a quick call and just ask, what is the rate that is now on your account.
they give me €250 goodwill gesture.
Thats the gamble of Fixed rates.Not to put a downer on it but what would happen if the rates in 2 years are more favourable than 3 years. Granted you can break after 2 years but I just wonder if you would end up with a better rate in 2 years or 3 years
There is no need to reject the money.Do they have a basis for changing back? I suspect the compensation figure is intended to wrong foot the recipient. I’d probably write back and say that I relied on the correspondence and am sticking with the original, rejecting the 250.
No, that's correct. You won't be getting compensation.So just last week, II switche to Ulster for 2 years at 2.3%, when I log on to the inet banking now it says current deal ends 31/3/21.