Problems with the NRLA mortgage sourcing tool

Bill L
Bill L
0 Thanks
1 Posts
3 weeks ago
I have just used this tool and decided to ask a few questions about how the setup fees could be added to the mortgage. The 2 year deal seemed excellent the lowest interest rate being 3.03%. So I phoned 0161 341 0581 to get some clarification about how much the rpayments would be if I added the setup fees to the mortgage and was told that that rate 3.03% was "last weeks rate, and that the current rate was 4.8% (i think, I was rather flaberghasted that the rate quoted on the website was actually 50% higher should I wished to apply for a mortgage), I complained about this fact and was told that my complaint would be referred to - the NRLA !!! (the person I spoke to was not sure who kept the sourcing tool rates up to date). I will be doing what is suggested below this dialog box and contacting : Online Enquiry | Landlord Advice | NRLA. in an attempt to determine if anyone knows what the actual interest rate will be on my loan!

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