Switch to UB fixed ?

Gordon Gekko

Frequent Poster
Messages
3,530
That just sounds like a “guilty as charged” plea to accusations of inertia. I don’t really care what UB’s SVR is; if I don’t want to be on it, I can just choose one of their attractive fixed rates or switch.
 

Coldwarrior

Frequent Poster
Messages
114
Finally got my break fee letter, its around 1100 so I'll leave it for now and try again in a month as it's not worth the cost for 3 extra months fixed. Bit annoyed about the letter though, it's dated mid May and says the break fee was valid until June 5th but I only received it today. If the breakage had been low or 0 I wouldn't have been able to proceed to re-fix without requesting a new breakage letter, at which point it could have increased. Their whole process around this seems designed to make this more difficult and financially risky than it should be.
 

HollowKnight

Frequent Poster
Messages
112
Out of interest, how long did it take to get the letter after your phone call?

I'm still waiting. (7 days today)
 

peteb

Frequent Poster
Messages
1,630
Rather than start a new thread, can i just jump on here and ask the Great Minds....
we've just bought a new house with LTV of 77%. Things are extremely tight. But do i favour the 7 year fixed rate at 2.9 percent with repayments of €1,440.55 or go with the 2.3% two year of €1,326 and not feel so squeezed in the short term?? Its a 27 year mortgage. I'm not a fan of UB having been caught up in the tracker debacle!! But needs must!
 

michaelm

Frequent Poster
Messages
1,623
Just got my UB letter (took 3 weeks). Break fee of €1150, valid until 3rd June :rolleyes:. I'll just forget about it for a year or two.
 
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