For f**k's SAKE (mortgage rant)
Right, so my current 2.14% tracker mortgage with Nationwide ends at the end of this month; Countrywide (the brokers I got this one through) had sent a guy round to talk to me about what deals were available, but he was frankly totally disinterested and only wanted to push a 5-year fixed mortgage which would have given me a higher monthly payment than I was currently on and didn't want to talk about any other deals. I wasn't impressed at all and ended up going to talk to a guy at Countrywide's office here who'd sorted my original; mortgage out and been really helpful. He found a nice two-year fixed deal with the Coventry that would have given me a lower monthly repayment - very important to me given my current very low income - and after a couple of days to think about it, I rang him back and said yes, let's go for that one.
Didn't hear anything back for a week or two so just figured he was getting on with sorting it out, since I knew he'd sent off for the agreement in principle. So about two weeks ago, having had a 'your mortgage runs out soon' letter from the Nationwide, I ring him to see what's happening and he says the deal with the Coventry had gone by the time he got back to them and we'd have to sort something else out; also that he was off on holiday for a week and so couldn't meet with me to sort things out until today.
Fucking wonderful. Why didn't he get to back to me immediately he found out the deal was no longer available?
So having just met with him, it seems the only deals now available are nowhere near as good and whatever I do I'll end up paying more than I am now. The best deal he could find was a 3.19% tracker with Barclays, but even that involves me paying £500 in fees, £250 to them for arranging it and will be £11 a month more than I'm currently paying. If I just stay with the Nationwide it'll be the standard rate which means £16 a month more than my current deal but not paying £750 in fees (which is effectively money just gone down the drain). So I'm stuck with a choice of big fees and a higher monthly payment, or no fees and a still higher monthly payment (and which of course involves wasting more money on interest - which is again money just gone down the drain).
So whatever I do, it's worse for me, and none of it's my fault; I said "Yes let's go with the Coventry deal" in plenty of time to get things sorted and then factors I have no control over mean I can't have it. Whatever happens I'm going to be stuck on the standard 3.99% for at least a month now because of the delay.
FOR FUCK'S SAKE
Why is everything so difficult?
money stress money stress money stress
money stress money stress money stress
money stress money stress money stress
money stress money stress money stress
money stress money stress money stress
etc.
Didn't hear anything back for a week or two so just figured he was getting on with sorting it out, since I knew he'd sent off for the agreement in principle. So about two weeks ago, having had a 'your mortgage runs out soon' letter from the Nationwide, I ring him to see what's happening and he says the deal with the Coventry had gone by the time he got back to them and we'd have to sort something else out; also that he was off on holiday for a week and so couldn't meet with me to sort things out until today.
Fucking wonderful. Why didn't he get to back to me immediately he found out the deal was no longer available?
So having just met with him, it seems the only deals now available are nowhere near as good and whatever I do I'll end up paying more than I am now. The best deal he could find was a 3.19% tracker with Barclays, but even that involves me paying £500 in fees, £250 to them for arranging it and will be £11 a month more than I'm currently paying. If I just stay with the Nationwide it'll be the standard rate which means £16 a month more than my current deal but not paying £750 in fees (which is effectively money just gone down the drain). So I'm stuck with a choice of big fees and a higher monthly payment, or no fees and a still higher monthly payment (and which of course involves wasting more money on interest - which is again money just gone down the drain).
So whatever I do, it's worse for me, and none of it's my fault; I said "Yes let's go with the Coventry deal" in plenty of time to get things sorted and then factors I have no control over mean I can't have it. Whatever happens I'm going to be stuck on the standard 3.99% for at least a month now because of the delay.
FOR FUCK'S SAKE
Why is everything so difficult?
money stress money stress money stress
money stress money stress money stress
money stress money stress money stress
money stress money stress money stress
money stress money stress money stress
etc.