Hi All,
Here's the scenario: -
2006 - Drew down mortgage for 2 year fixed
2008 - Received options at end of 2 year fixed. Tracker, fixed and variable options were offered. I took the 5 year fixed (fixed at 5.1%, god help me)
2013 - Received options at end of 5 year fixed. Here are the options:
SVR @ 4.34%
2 Year fixed @ 7.25%
5 Year fixed @ 8.75% (Thanks PTSB!)
Low and behold, there's no tracker offered.
I've yet to look into the mortgage details and I've yet to call PTSB, but I just wanted to see what the initial thoughts are here i.e. is it the case that generally, you only get the tracker offer after you come off your first fixed term or something like that?
Thanks,
digweed
Here's the scenario: -
2006 - Drew down mortgage for 2 year fixed
2008 - Received options at end of 2 year fixed. Tracker, fixed and variable options were offered. I took the 5 year fixed (fixed at 5.1%, god help me)
2013 - Received options at end of 5 year fixed. Here are the options:
SVR @ 4.34%
2 Year fixed @ 7.25%
5 Year fixed @ 8.75% (Thanks PTSB!)
Low and behold, there's no tracker offered.
I've yet to look into the mortgage details and I've yet to call PTSB, but I just wanted to see what the initial thoughts are here i.e. is it the case that generally, you only get the tracker offer after you come off your first fixed term or something like that?
Thanks,
digweed