 |
Standard Life Bank
Newest Review: ... go down if the Halifax, Abbey National, C&G and standard life banks variable rates average less than my capped rate. The only problem is that the Halifax and C&G keep their variable rates at above twice the BoE base rate. The average of these rates is 6.56% with the base rate at 4.5%. The bank of england would need to reduce rate by a further 0.5% for mwe to see my rate come down and even then it will only reduce by a few basis points. On the other hand I can rest assured that my mortgage will never go higher than the 6.25% I currently pay which gives me and my young family lots of security. My mortgage payments are less than a third of my ... more |
||
by - written on 28/08/02
Rating:
They still insist on sending me statements even thought I closed the account a year ago. - Advantages: Simple website, Basic products - Disadvantages: Response to questions, Not flexible
by - written on 10/04/02
Rating:
Much better than previous experience with the Halifax. - Advantages: Good, well organised, Flexible, Do what they say - Disadvantages: None
Standard Life Bank: 'Future Perfect' is not so perfect (408 words)
by - written on 22/10/01 (Very useful, 901 readings)
Rating:
The mortgage on my previous house was with the Halifax and thought I had a good deal with my 10.35% rate fixed for five years. Subsequently the mortgage rates went down drastically and I could not afford the redemption penalties leaving me stuck on this rate from 1991-95. When I bought my current house I thought I had found the mortgage deal of a life time with the Future Perfect mortgage, the mortgage is capped at 6.25% for 25Yrs meaning I will never pay more than 6.25%. There is a possibility that the rate will go down if the Halifax, Abbey National, C&G and standard life banks variable rates average less than my capped rate. The only problem is that the ... Read the complete review
Standard Life Mortgage - Above Standard Mortgage (283 words)
by - written on 25/05/01 (Very useful, 489 readings)
Rating:
We have had a mortgage with Standard Life Bank since 1999. When you telephone the Bank you do not get a computer but a human being. I have always found the staff, helpful, courteous and well informed. We have overpaid with a lump sum and also overpay monthly with our normal mortgage payment - there were no penalties for doing this. We can change and arrange building insurance companies without being charged for "adminstration". The Bank arranged a "reserve" when we applied for our mortgage, subject to our ability to pay. There are no time limits on how long you can hold this "extra" money or any charges to keep it available. The reserve ... Read the complete review
Standard Life Bank: Flexibility and then some ..... (462 words)
by - written on 05/04/01 (Very useful, 204 readings)
Rating:
A combination of bonuses and saving means I have a history of reducing the capital I owe on my mortgage. Both my previous lenders penalised me for doing this. (Birmingham Midshires imposed a ridiculous interest rate once the capital fell below a certain limit (... but didn't see fit to tell me). Halifax tried to charge me a partial redemption fee until I threatened to move the whole mortgage.) This time, I needed about £30,000 to 'top up' the proceeds from my previous house, but I had endowments to cover £75,000 and I wanted to keep some cash in hand for furniture etc. So the idea of a 'flexible' mortgage was very attractive as I could ... Read the complete review
Standard Life Bank : Standard Life Mortgage - Above Standard Mortgagefrom megaroons
25/05/2001
Standard Life Bank : Flexibility and then some .....from Macliam
05/04/2001
Home - About dooyoo.co.uk - Advertising - Contact dooyoo - Terms and Conditions
dooyoo Europe:
Deutschland 
España 
Italia 
France - Sitemap - Product Index
