Greedy Bankers

[philshelton]

got a letter today from santander (we took it out with Abbey) they are going to up their standard rate by .5% increasing payments by about £30 a month. How can they justify this when we have had no interest rate rise from bank of England or do they just want us to bail out Spain :aggressive:

[Guest olivehood]

Robbin gets

[philshelton]

Time to move mortgage? (I assume its mortgage your talking about)

Yep just got to find some one who will take self employed self cert, in this climate that could be fun

[knights_templar]

clever aren’t they, they give you this fantastic deal, but include in the microscopic print that they can change the goal posts, and the pitch, and the rules they are are playing under. but not you.

 

I'm sure there’s an unfair contract terms act, but I’m sure their layers are bigger than yours will ever be.

 

big report on radio four recently, stating that sand thing y UK will not be effected if Spain collapses, and maybe they are just making sure sand thing y everywhere will just be OK what ever happens.

 

cynic in me thinks Dick Turpin was fairer, and he was still hanged

 

deepest condolences, stiff upper lip, carry on, and hope justice prevails, although I fear it may not be in this life. just hope Lucifer has put in the investment for more fires, assuming he doesn’t have to borrow from banks. dhooooo catch 22

[Snapperpaul]

Another Santander winge

I have 3 mortgages with Santander historically 2 from Abbey, 1 when I got married, 1 when I got divorced and 1 when I extended for my partners hoard who have all now left with her.

1 mortgage to end soon with a big endowment shortfall

The next in 11 months time again with a big shortfall

Me, 1 mortgage to end soon can I negotiate a new one for the remaining 2 so I don't pay full whack,

Santander my computer won't let me quote as 1 mortgage has less than a year to go.

Me I want to pay the first off using the endowment and some savings then reduce the second.

Santander You can't reduce the second by more than 8% it's in the agreement. You will have to pay the first off, go onto the standard rate where you can pay some off at no charge, stay on the standard rate untill the second mortgage finishes then negotiate the third repayment mortgage which by the way will put you below the discount threshold so the standard rate is higher and the amount you want to borrow is to small for any of our discount rates.

Me Bugger.... You thieving barstewards

 

A rough calculation puts my repayments on the 2 mortgages after repaying the first at more than the combined 3

 

They have some very cleaver thieving barstewards working there.

 

[Guest MarkB]

Find a decent independent Financial Advisor, they are worth their weight in gold and dont cost you anything. Saves you walking the high street talking to everyone.

 

Well thats taught me something new, a financial advisor does the job for the love of it and dosent charge, here was me thinking they earned damn good F/I commission paid by the client through whatever loan/mortgage/investment they made :acute:

[Jamiep]

Halifax screwed me with a 0.5% increase a few months back despite no BOE change stating the increased running cost of mortgages. How have the cost gone up? its all automatic, I work every hour I can and they take it off me by standing order, no human intervention.

Tried looking round for other lenders but they don't like the fact we had major flooding in 2007 and don't have any deposit.

 

What really annoys me is we're all still paying for the banks through QE from Bank of England, the government would have been better off giving everyone £500 and say buy something to cheer you up and boost the economy.

[brumster]

We've just remortgaged anyway, but had the note from Santander all the same - couldn't give a stuff, we're off to a cheaper offering (tracker) with no lock-in's. Adios muchachos, Santander

 

We used a financial advisor/services that specialises in re-mortgaging; my other half knows the proprietor from her days as a solicitor and so we trust him impeccably. Happy to provide his details if anyone wants them (just PM me); no vested interest and I'm not on commission