mossfitzg1
Registered User
- Messages
- 37
Hi There,
I've been on here before about moving home and keeping my tracker with UB, albeit at their new 10 year deal of ECB + 2 to 2.5 per cent depending on LTV
However after contacting UB it seems this deal is not as attractive as it seems . According to UB, their deal for tracker movers is not ECB + 2 or 2.5 per cent but rather YOUR EXISTING TRACKER RATE + 2 or 2.5 PERCENT.
In other words , your new rate will be 3 to 3.5 percent for 10 years before reverting to SVR.
Yes its slightly less than you might pay on a new mortgage , but its nothing like as attractive as your old tracker rate.
Worth Considering
Moss
I've been on here before about moving home and keeping my tracker with UB, albeit at their new 10 year deal of ECB + 2 to 2.5 per cent depending on LTV
However after contacting UB it seems this deal is not as attractive as it seems . According to UB, their deal for tracker movers is not ECB + 2 or 2.5 per cent but rather YOUR EXISTING TRACKER RATE + 2 or 2.5 PERCENT.
In other words , your new rate will be 3 to 3.5 percent for 10 years before reverting to SVR.
Yes its slightly less than you might pay on a new mortgage , but its nothing like as attractive as your old tracker rate.
Worth Considering
Moss