
Accord mortgages
Posted Mar 2, 2011 by anonymous | 96 views | 0 comments
I have a tracker mortgage with Accord. It follows the American Libor. I was advised to get this product as it was 'good value'. In the first year my repayments went from £500 to £850. I was told that this Libor had not changed in years, now suddenly it went up 8 times in a year. When I tried to change to another product Accord said it would cost £7,200 to change. Even if I remained with them. Accord mortgages......Don,t get one!
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