hi all
I requested all documents relating to the interest rates I’ve been on since taking out my mortgage on 2002, they have arrived and I’m totally lost.
I can see where we accepted the loan offer may 2002 it gives a rate of 3.85% doesn’t give the documents saying if it was fixed etc )I’m presuming it must have been a 5 years fixed rate)
On 8/07 we took a 2 year fixed option 5.49%
8/09 2 yearfixed4.20%
9/11 2 year fixed 5.65%
9/13 5 year fixed 5.25
Don’t see tracker mentioned anywhere.
Then I seem to have got a letter dated 21/3/14 telling us our fixed term is ending on 1/9/13 and we will automatically roll on to svr 4.6%. (Please note six month gap)
Then on 11/16 we got a letter saying original loan over no longer applies new rate is 3.85 one year discount variable.
Has anyone any idea what this is all about. I’ve never felt so lost.