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Does anyone have a C&G BTL pre June 2010?

3 replies

maggiethecat · 18/09/2014 22:36

We have one that turned out to be a lifesaver in the downturn - svr guaranteed to be no more than 2% above base - has been 2.5 % for a long time.
With likely rate increases we are considering doing a 2 yr fixed rate 2.65% deal.Not sure that we should walk away from the C&G deal as even if base rate goes to 3% that will mean a 5% mortgage rate. Hard to see that other lenders could better that. Also would not have to deal with the hefty arrangement fees.
Anyone in a similar position?

OP posts:
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TheAnswerIsYes · 21/02/2015 00:53

We have that C&G mortgage and I won't be changing. I don't believe that the base rate will increase anytime soon and if it did it would not rise that much or that quickly.

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mamochkazzzzz · 23/03/2015 22:14

best ever - they honoured original terms of sticking to bank of england rates rather than moving to their "own"

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ARoomWithoutAView · 25/03/2015 21:46

Base rate likely to stay low for several years, that's my take on it.

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