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co operative bank - mortgage

3 replies

timetosmile · 16/05/2013 14:19

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!

OP posts:
timetosmile · 16/05/2013 18:35

bump for you clever evening folk?

OP posts:
LIZS · 16/05/2013 18:38

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

buildingmycorestrength · 16/05/2013 21:41

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

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