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Shortening PT window for existing borrowers a ‘backward step’ – Star Letter 04/11/2022

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  • 04/11/2022
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Shortening PT window for existing borrowers a ‘backward step’ – Star Letter 04/11/2022
Each week Mortgage Solutions and its sister title, Specialist Lending Solutions, pick the top comments from our readers.

The comments here are from our readers and do not necessarily reflect the views of Mortgage Solutions and Specialist Lending Solutions.

This week’s top comment is in response to the article: Nationwide cuts switcher rates as ‘swap rates fall’

John Azopardi said: “Sadly Nationwide have given with one hand and taken with another. Yes, it’s great to see rates below five per cent but clients now have to wait longer to access them.

“At a time of great uncertainty, trimming back the date that existing borrowers can secure product transfer or switch rates is a backward step.”

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