Why do you think that they should inform customers of changes to the range of rates that they offer as a matter of course? Do other lenders do this?I am a little annoyed that customers were not informed!
As a first time buyer borrwing 100% 200k what would you say would be my best bet? fix or what - if so how long?
Why do you think that they should inform customers of changes to the range of rates that they offer as a matter of course? Do other lenders do this?
Why do you think that they should inform customers of changes to the range of rates that they offer as a matter of course? Do other lenders do this?
Financial institutions usually publicise changes in rates offered/charged in the public newspapers. Maybe EBS did this?I do think however that EBS's decision to abolish the option for members to fix their mortgage in the short to medium term is significant enough that EBS should have made some public statement about it and alerted customers.
Some charge up to 6 months penalty interest.
Is that true? No mention of it in the Consumer Credit Act as far as I can see. Is it governed by some other law or regulation?Al little know fact for consumers is that the Financial Institutions are only allowed to charge an MAXIMUM of 6 months interest or the economic cost of breakage (customer rate compared to the interbank rate).
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?