Well it seems finally, after months and months of waiting, and a total and utter failure to communicate properly in english or even bother to respond to basic questions about almost anything, Cajamar have finally got their act together enough to hand out their mortgage details...
Original emails from them state Eur + 0.75%. Final offer is Eur + 1.5%
Original emails from them state 0.5% arrangement fee. Final offer states 1%
As for other fees such as land registry, stamp duty and notary, they are also considerably higher than expected. There also appear to be fees I was never told about - an extra 1% here or there. This is ridiculous
And this turnaround comes so close to completion there is no time to get an alternative mortgage. In other words this is a total stich up and grossly unfair. They are treating us like s*** at the last minute. My guess is the bank doesn't want the debt at all and they hope we will go elsewhere, or will be stupid enough to take their mortgage and pay out these extortionate setup fees and interest rates
And here was me thinking that the one good thing to come out of the mess everything is in right now was the falling interest rates. Did anybody get better conditions than this or are we all in the same boat?
This message was last edited by lurker on 4/10/2009.