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co operative bank - mortgage

(4 Posts)
timetosmile Thu 16-May-13 14:19:35

So.....I know that in the unlikely event of the co operative bank getting into trouble, savings up to ? £80,000 are backed by the government, but what happens to our mortgage if they get into trouble? Does it get transferred to another provider? Do the terms stay the same? Can anyone demand full repayment? I have no idea but I am sure someone does!

timetosmile Thu 16-May-13 18:35:32

bump for you clever evening folk?

LIZS Thu 16-May-13 18:38:24

It can be transferred but t and c's could change over time.

buildingmycorestrength Thu 16-May-13 21:41:28

I have a small pension with them...any need to be concerned?

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