H
HurlyBurly
Guest
Hi. Have a 3 year fixed rate mortgage. lets say it was 2%... about half way through the term a letter arrived from mortgage co to say they were increasing to 2.5% . And lo & behold the payments are now up that extra amount.
Can they do this?
Surely if it's fixed - it can't be changed until the end of the 3 year term?
Or is this another great irish case where fixed doesn't really mean fixed.
Can they do this?
Surely if it's fixed - it can't be changed until the end of the 3 year term?
Or is this another great irish case where fixed doesn't really mean fixed.