Hi,
Is anyone familiar with the Bank of Scotland mortgage switch offering at the moment?
[broken link removed]
They seems to be offering a discounted tracker rate of 3.45% for the first two years?
Is this essentially a "fixed" rate for 2 years or if the ECB raises rates by 0.5% during the two years will it go up to 3.95%? i.e. is it just a low starting rate which will still move during the 2 years?
Also after the 2 years are you tied to them?
Thanks
Is anyone familiar with the Bank of Scotland mortgage switch offering at the moment?
[broken link removed]
They seems to be offering a discounted tracker rate of 3.45% for the first two years?
Is this essentially a "fixed" rate for 2 years or if the ECB raises rates by 0.5% during the two years will it go up to 3.95%? i.e. is it just a low starting rate which will still move during the 2 years?
Also after the 2 years are you tied to them?
Thanks