the other banks have leaped ahead while EBS have done nothing! the reason they have done nothing is down to the sate of their existing mortgages
"Mortgage master" every time i see this advert it makes me laugh - form my experience their service is terrible when compared to other banks - i should know - i have switched 3 times this year!
Of course this is your opinion but there are others who would disagree.Why would i be thankful to EBS? they gave me nothing only an terrible service.
As I said well done to you for doing this and availing of the 'free money' from the bank. More importantly well done for getting onto the best rate on the market at the end of it. It takes a bit of effort to do that, and delighted it worked out for you.Yo mentioned you would never go for a cash back offer?For once - the banks are actually giving out free money - if you are in the position why would you not go for it? to not switch and save is madness.
Plus by moving three times i have went from 3.7% to 2.75 (next month) - to me this is a no Brainer!
Everyone's financial situation is different. A 2% cashback on a mortgage of my size is not worth moving for. I would be better off moving for a fixed switching fee. That said, while my bank is not perfect by any means, my mortgage has a feature on it that is worth a lot of money to me personally. So I stay with my bank based on the fact it is the best financial product for me personally. I would not save by switching, but thanks for your concernPersonally, I would never go for the cashback option - but that is personal choice.
This is where your 'plan' could have fallen down, and you would have been stuck with a higher rate for a period of time. Anything could have happened in this window to 'block' you moving to the ultimate destination. This is the risk you take with multiple switches - it paid off for you, so well done.For instance when asked for 6 months mortgage statements, did these statements span 2 banks in some cases?
"Mortgage master" every time i see this advert it makes me laugh - form my experience their service is terrible when compared to other banks - i should know - i have switched 3 times this year!
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