Mortgage Help
Mortgage Help?
I have signed a mortgage in basic agreement with my mortgage advisor to get a mortgage at the time was the best on the market. But since it took about one month for the actual mortgage offer to arrive, the interest rates on offer increase, and would work out to cost us about 700 pounds over the agreement term. This is despite the mortgage adviser to make sure when signing the mortgage agreed in principle that the rate was then secured. What can I do about it and who can I complain to?
What consultant means that this product is safe rate, so if for example your mortgage is, say 0.49 above base so the amount you pay will change with changes in interest rates. But if the adviser has guaranteed you a rate that has changed the product or the product is been revoked after his promise, so I will try to get a result from him. Ifyou can not, then approach the Financial Ombudsman.