Is this write down offered on all Danske trackers or only the loan book that was bought a few years back?Write down offered currently is roughly 30% discount on overall value of the loan
We would be interested in selling up our house to relocate- but are we wiser to stick on our tracker?
I'm guessing its because it was a warehoused loan. Different to your circumstances unfortunately.Is this write down offered on all Danske trackers or only the loan book that was bought a few years back?
have an LTV tracker that was with Danske, now with Promontoria (pluto). Some years ago, while with DANSKE, we warehoused part of the loan, and are repaying the other part. now we have an offer, verbal, to buy the whole lot at a reduced amount - any advice appreciated. we asked for a figure, they said yes straight away, now not sure we've done the right thing... a
Write down offered currently is roughly 30% discount on overall value of the loan
We would be interested in selling up our house to relocate- but are we wiser to stick on our tracker?
Can I ask what type of discount did you get to move your mortgage many thanksThat is exactly what I was told by them (using somewhat different words!) when I met with them earlier this year. I was told by Cerberus that their interest was in buying and selling loans, and they did not expect to have any remaining after two years. Mind you, I'm not sure I believe a word they said, as I was told other things too that I subsequenly found were directly contradictory to what others had been told.
In my own case, I have one of the Danske tracker mortgages which was sold to Cerberus last October. It had been in difficulties, but thankfully not any longer. I am in the middle of coming to an agreement with them to pay it off at a discount, refinacing elsewhere. I understand that others have done and are doing the same.
If you believe what they say, I'd be very surprised if they didn't entertain offers for any other ex-Danske loans they purchase.
Sorry for the delay - I've only just seen your question.Can I ask what type of discount did you get to move your mortgage many thanks
Before anyone gets their hopes up, newtothis got her discount over two years ago.
It's possible that they are still doing this, but I have not heard of it recently.
Brendan
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