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Current Mortgage Rates during Repossession


ukaviator
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The team are trying to get the Mortgage rates you are currently paying during Repossession. Could you please post this information to get a snap shot of how the lenders are behaving with interest rates when in arrears?

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Please be aware of acting on advice given by PM .Anyone can make mistakes and if advice is given on the main forum people can see it to correct it ,if given privately then no one can see it to correct it. Please also be aware of giving your personal details to strangers

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UKaviator -
interest
link3.gif
rate is 7.75% per annum over the
Barclays
link3.gif
Bank base lending rate.

 

The original agreement document stated - 'Interest rate 12.25% per annum fixed for an initial period of one month from the date of this agreement (4 July 2006) and thereafter at a rate of 7.75% per annum over the Barclays Bank Plc base lending rate from time to time (base rate)'

 

This is with GE money

 

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