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I would go variable as we get a good discount off the rate. Surely someone can give us an idea.
Very interested to hear how this all goes for you in the end. In particular
– what the Insurer pays (and doesnt), including reasons why not
– what is recouped from previous RE PM (and how)
– bond situationAgree with Tools comment, although i know it is easy to say as a bystander and not so easy to do when you are caught up in the middle of it all. Hope it works out well for you in the end.
Makes me think i need to read my Landlords insurance clauses though.
No – but is a definte student zone…so good manager essential
Exit Fees, why would i pay?
If PMG (or whoever i borrow money from) goes under, why would i be expected to pay exit fees? If a new group takes on their mortgage portfolio wouldnt it be with the same conditions (that i signed under). If no-one takes on their mortgage portfolio where does that leave me…don't i have to just refinance as i like? I am doubting here that i dont have to repay the loan…otherwise if my lender went under it would be time to celebrate!