Is going from a Fixed to tracker possible?

[Bonafide]

About 3 years ago I fixed half my mortgage. At the time I was in a +0.9% tracker product.

The fixed product is about to expire and the bank say that I haven't the option to go back to the tracker product, only the standard variable or another fixed product.

The way I am think about it is that the funds were in a tracker product. I fixed half the funds for a set period of time. Now that the period has expired, the bank and pushing me into a new product that I didn't request or agree to?

Have I got a leg to stand on here?

 

[plant43]

Check the terms and conditions of the loan offer.

 

[Spin]

If you changed from a tracker to a fixed you cannot now change back to a tracker rate as they are all withdrawn and are no longer available.
Spin

 

[LennyBriscoe]

If you changed from a tracker to a fixed you cannot now change back to a tracker rate as they are all withdrawn and are no longer available.
Spin

You cant say that for sure without seeing the terms and conditions of Bonafides mortgage.

 

[c00lcarl]

bank and pushing me into a new product that I didn't request or agree to?

I wouldnt say they are pushing you into something you havent requested or agreed to as you did agree a three year term, now that that term has expired the bank can offer you the mortgage options that are available. If you are unhappy you always have the option to switch to another bank now that the fixed term is over

 

[reb73]

OP, doesn't fixing a certain element of your mortgage imply that the tracker element for the fixed portion is voluntarily forsaken?

Unless the standard T&C's were explicitly amended at the time of fixing to accomodate a switch back to the tracker at the end of the fixed term, I wouldn't hold out much hope :-(

 

[MaryBe]

As far as I am aware, Banks and Building Societies are NOT offering Tracker Mortgages only Fixed or Variable.