netnikki Posted November 18, 2011 Share Posted November 18, 2011 so now that virgin have taken over northern rock...I'm left wondering how this will affect myself as a current n/r mortgage customer...will they increase the intrest rate...?:o:o Link to comment Share on other sites More sharing options...
netnikki Posted November 18, 2011 Author Share Posted November 18, 2011 or will they not...? :hihi::hihi: Link to comment Share on other sites More sharing options...
ampersand Posted November 18, 2011 Share Posted November 18, 2011 I'd be surprised if they didn't nudge interest rates upwards - they have to repay their investors somehow Link to comment Share on other sites More sharing options...
MrSmith Posted November 18, 2011 Share Posted November 18, 2011 so now that virgin have taken over northern rock...I'm left wondering how this will affect myself as a current n/r mortgage customer...will they increase the intrest rate...?:o:o Hopefully they will compete for savers and increase the saving rate by increasing the mortgage rate. Link to comment Share on other sites More sharing options...
gnvqsos Posted November 18, 2011 Share Posted November 18, 2011 so now that virgin have taken over northern rock...I'm left wondering how this will affect myself as a current n/r mortgage customer...will they increase the intrest rate...?:o:o If you are on variable it wll be levered upwards,but sensible people will remortgage with a rival.If it is fixed it will be under the existing terms set by NR. Link to comment Share on other sites More sharing options...
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