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After years of trying to get landlords to borrow more they are now trying to get landlords to shrink their mortgage.
Even more interesting is their statement in a recent letter which states:
"If you decide to move your mortgage to another lender, we will support this process and make things as easy as possible for you." This includes waiving the ERC.
How times of changed. Rather than fighting for your business lenders are fighting to get rid of us.
It's nice to be wanted!
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1 comment:
It's also interesting that Mortgage Express are sending these letters to customers who are about to end a rate product, yet the letter makes little or no reference to MX's current SVR which is a base rate tracker...and is low!
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