Tweet
......50% Hike in their monthly payments
Bank of Ireland and Bristol & West borrowers are the latest to have been delivered a mortgage rate shock with a huge hike from 2.99 per cent to 4.49 per cent, despite believing they had escaped a hike by not being sold to Nationwide. It is the latest in a round of rises that has shocked those sat on lenders' standard variable rates and believed they would not rise independently of base rate - more homeowners will now be worried their lender could follow suit. The 100,000 Bank of Ireland and Bristol & West borrowers who avoided being moved on to Nationwide’s subsidiary The Mortgage Works have begun to receive letters from the Irish bank telling them that their mortgage payments could go up by.....Read more here--: mortgageshome/article-2111627/Massive-rate-shock-hits-Bank-Ireland-Bristol--West-borrowers-face-50-payment-hike
- Hi & Welcome to the AAD Consumer Forum
We're a FREE consumer debt and legal forum offering help, support and debate in many areas of day-to-day life. You will need to Register a Free Account before you can join in with the discussion and contribute with your own posts. Remember to also check out the FAQ's so you can get to grips with how the forum works ready to start posting your new topics. Read about the new GDPR 2018 Rules and how it affects you as a member of AAD.