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Mortgage confussion !


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Never rains but it poors !

 

I have received this morning notification from my mortgage provider RBS that there has been an increase in my interest rate?

 

I fixed my mortgage rate unwisely at 6.14 interest only still two years to run however on the notice I have here it states there is a homeloan rate ???

 

I have not had a homeloan ! did extend my mortgage in 2005 but no home loan they say that the rate has increased from 4.840 to 4.950 ?? but has increased my required payment by £72 pcm

 

Confussed don't understand

 

Can someone enlighten me

 

OSW

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