C
Cliffman
Guest
Banks are leaking significant amounts of money as a result of funding their customers tracker mortgages. In other words the customer has a 'valuable asset' although most would not see it that way! Now as banks would love to shift their customers to mortgages with a more suitable margin attached, would they willing to compensate the customer if they volunatiliy switched from their tracker? I'm hearing they are open to these sort of conversations. Anybody have an experience of this?