Hi All,
Would it have been very very unusual not to be offered any interest rate options at all on a mortgage let alone a tracker. I went through a broker to apply for the mortgage when trackers were still an option but being phased out. (at the time I was young and was just happy to get a mortgage so I didn't rock the boat!)
From what i remember from over 10 years ago was that i was only offered was 1 year fixed and PVIR(prevailing interest rate) at the time and nothing else.
I do have paperwork indicating my selection of 1 year fixed and PVIR(prevailing interest rate) but no record of any options being offered by bank or broker.
I submitted a freedom of information request to the parent bank and to the broker...
The parent bank provided no record/documents of any options being offered to me.
I also submitted a freedom of information request to the broker but was told that they don't have a legal obligation to hold information related to my file after 6 years. Is this true?
Im sure interest rate options would have originated from the parent back and would have been simply forwarded to me by the broker. Would this have been the norm?
If so I then should have received these options of rates originating from the parent bank in my submitted freedom of information request.... but no document was present.
any opinions/thoughts would be much appreciated.
my case in currently under review by the parent bank.
Would it have been very very unusual not to be offered any interest rate options at all on a mortgage let alone a tracker. I went through a broker to apply for the mortgage when trackers were still an option but being phased out. (at the time I was young and was just happy to get a mortgage so I didn't rock the boat!)
From what i remember from over 10 years ago was that i was only offered was 1 year fixed and PVIR(prevailing interest rate) at the time and nothing else.
I do have paperwork indicating my selection of 1 year fixed and PVIR(prevailing interest rate) but no record of any options being offered by bank or broker.
I submitted a freedom of information request to the parent bank and to the broker...
The parent bank provided no record/documents of any options being offered to me.
I also submitted a freedom of information request to the broker but was told that they don't have a legal obligation to hold information related to my file after 6 years. Is this true?
Im sure interest rate options would have originated from the parent back and would have been simply forwarded to me by the broker. Would this have been the norm?
If so I then should have received these options of rates originating from the parent bank in my submitted freedom of information request.... but no document was present.
any opinions/thoughts would be much appreciated.
my case in currently under review by the parent bank.