Hi,
I'm sure this frustration is shared by others but those on fixed term mortgages are excluded from taking advantage of the recent drops in mortgage rates.
I'm on 1 year into a 5 year fixed with KBC but they won't let me avail of their new 5 year fixed without paying penalty. I've tenuously threatened to switch banks if I need to pay a penalty but it hasn't changed their tune. Is there anyone with an experience of getting out of a penalty with KBC? It seems unfair the current customers are excluded from advertised rate drops.
I'm sure this frustration is shared by others but those on fixed term mortgages are excluded from taking advantage of the recent drops in mortgage rates.
I'm on 1 year into a 5 year fixed with KBC but they won't let me avail of their new 5 year fixed without paying penalty. I've tenuously threatened to switch banks if I need to pay a penalty but it hasn't changed their tune. Is there anyone with an experience of getting out of a penalty with KBC? It seems unfair the current customers are excluded from advertised rate drops.