Any sneakies in NIB new LTV mortgage?

[GK&SRT]

we're getting a new mortgage from NIB to cover home improvements. the documents sent out for us to sign are different to those we signed when we got our first LTV from them in Jan 07. I haven't spotted anything to worry about yet but I wonder has anyone seen anything to worry about?
thanks

 

[ClubMan]

If that tracker rate clause applies to both the existing "base" mortgage as well as the topup then you are fine - the rate will always be ECB + 0.56%. Seems like a very competitive rate!

 

[cromulent]

"Your interest rate will track the ECB refinancing rate by 0.56% for the full term of the loan"

I'd take the hand off them

 

[Brendan Burgess]

I can't figure out how they can still offer trackers at these rates. They must be considering raising them.

So sign up as quickly as possible before the rates change.

Brendan

 

[GK&SRT]

thanks!