100% Mortgage, were trackers not available to me ?

  • Thread starter foreverbroke
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foreverbroke

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My friend was told that she should have been offered a tracker mortgage when she took out her mortgage and has now been switched onto a tracker (she is delighted). I took out my mortgage at the same time but was never offered a tracker, should I have been - or should I not have been because Im on a 100% mortgage. Thanks
 
No one had a right to a tracker mortgage. What were your friend's circumstances? They must have given her a reason.

Brendan
 
Thanks Brendan
I must check with her to be sure but as far as I know she said that she got contacted by the bankl to say she should have been offered a tracker when taking out her mortgage, and now that she had come off fixed rate they were offering it to her. This happened earlier this year.
 
OK

It's likely that she actually signed up for a tracker mortgage.

Then she fixed her rate and so had the right to return to a tracker when the fixed rate expired.

Brendan
 
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