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Old December 30th 09, 12:18 PM posted to uk.finance
Bombastic
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Posts: 3
Default Can a bank change your mortgage rate?

I have a tracker mortgage taken out some time ago with The Woolwich
(Now Barclays). My rate is very low because it's a tracker and was
taken out when they tracked at base + 1.25%. I just got a letter that
worries me, it seems to imply that they are going to change the terms
of the agreement and put me on base + 4%. Can they do that?
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