Intellgent Finance - Don't you want me, baby?

[chucklebutty]

Since July they've been trying everything to make banking and mortgage holding as uncomfortable as possible.

The latest is a notice that they will no longer be porting mortgages to new property from next year, and if they do port now they will not lend you more cash on the existing terms (even if you are well within their salary earning ratios).

Try to convert to a let to buy, and they knobble you for 0.5% of outstandning balance every 6 months now. In the old days a few hundred notes and you got consent to let.

Anyone else experiencing this? Give it was sold as a lifetime fully flexible mortgage it is now proving to be anything but. What's really rubbing salt into the wounds is that other lenders in the same group are proffered as alternatives - but you go onto current reates for the priviledge.

:-(

[scotal]

Intelligent Finance are to be sold off. They are not offering new mortgages. Instead IF is to concentrate on long term savings products. You're right, they are doing everything they legally can to get you to fk off elsewhere.

You have 2 choices, either put up with what they are offering or fk off elsewhere.

Sorry to sound blunt, but that's their attitude at the moment.

[chucklebutty]

Thanks Scotal, yeah, I'm getting used to their new "attitude". I console myself that I am borrowing thier precious capital at a very reasonable rate...