Thursday, July 3, 2008

Bottom feeding b’stards

Mortgages: Borrowers offered rate rise protection

Homeowners on variable rate mortgages are being offered insurance to protect them against any future rises in interest rates. Sounds good, until you read in to it....!

Posted by rental john @ 03:39 PM (559 views)
Please complete the required fields.



3 thoughts on “Bottom feeding b’stards

  • Sold My Soul To The Never Never Never says:

    This product beggars belief! Why not just overpay on your mortgage – at least you’ll be eroding the debt. Definitely one for the financially illiterate.

    Reply
    Please complete the required fields.



  • I don’t think the base rate will rise by more than 1% over the next two years. What mortgage rates do in that period is a different matter.

    Reply
    Please complete the required fields.



  • But to qualify, both the base rate and the bank mortgage rates have to go up – a fool and their money …

    Reply
    Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>