Yes, technically the bank can claw back some of the broker commission if you switch within 3 years. Some brokers have a clause that thy can try to recoup it from the borrower.-Okgo- thanks you.
I took out my mortgage with ptsb via a broker. Are there implications for the broker if i were to switch. As in they were paid a commission for siging me up to ptsb would that be clawed back. I didnt pay any broker fees.
It looks like you should have been offered it. It includes cashback.PTSB do a 3 yr fixed high value mortgage at 2.8% for mortgages over 250k LTV 80 to 90%, I drew down a 285k mortgage, curious to know why I was not offered this.
@Nowronganswer as discussed in the other thread, I gave you some incorrect advice regarding the rates that should have been offered to you when you drew down your mortgage. Thanks to @Paul F for correcting my error.Can i switch to the Lower Rate? Am i entitled to switch to the Lower Rate now. Has anyone any feedback in this.