8:42 AM, 26th January 2018, About 5 years ago 12
I have a mortgage which was originally taken out with Mortgage Express. It was moved from an interest only mortgage to a repayment one before they hit hard times.
Now they will not allow me to switch it back. ( asked a few years back ) I am therefore possibly looking to remortgage to an interest only one. I know this will be at a higher rate than I am currently on. My question is has anybody been offered a discount on their redemption figure just to clear the loan?
Currently it has about 14 years to run. I am not aware that my loan has been sold to Prudential, however my loan is up to date with payments and has never been in arrears. I am however reluctant to contact them unnecessarily, only contact I have had with them recently is when they called me about a year ago asking about my tenants and other buy to let mortgages I have.
I politely told him to get lost as it was non of his business about my other loans, the house is tenanted as per my mortgage agreement and payments were up to date. Is it worth contacting them to ask or would I be stirring up a hornet’s nest?