When we took out our mortgage the bank offered a list of options-one of which was a tracker. We opted for the fixed rate but were assured that we could choose another option from the list at the end of the fixed term. We were looking forward to choosing a tracker -but when the new list arrived there was no tracker listed. We made no choice and we were put on a Loan to Value which is very high. Is there any legal onus on the back to refer back to the original list of offers?
What constitutes an offer?
- Thread starter davehorg7
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Brendan Burgess
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Read your contract. Unless the contract specified that you were entitled to a tracker at the end of the fixed rate, then you have no entitlement.
Brendan
Brendan