Nov
2

Can I get a discount for early redemption?

Author admin    Category Uncategorized     Tags

I have some decent mortgages with CCL, Rosinca and others (1.5% above base rate) and have enough properties to fill my time and needs.

I now have the ability to repay all the mortgages (they have between 5 and 10 years remaining) and wonder if anyone has experience of gaining a discount in the settlement figure for early repayment as it moves the low margin deal off their books.

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