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- The Virgin One Account Mortgage
- michael697's review
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Picture courtesy of Peter.
| Value for Money | 4.7/10  |
|---|---|
| Reviewer Rating | 5/10 |
| Overall Rating | 4.9/10  |
By michael697 on 12th Jun 2008
| Product | Variable rate |
|---|---|
| Repayment Method | Interest only |
| Value for money | 1/10 |
| Overall value | 1/10 |
 michael697's recommendation | |
Online facility. 24 hour phone support.
Now 1/2% above the implied tracker rate. No longer competitive. Difficulty in paying in cheques.
To pass on the cost of the parent banks financial problems to long suffering One Account customers is unfair. What was once a competitive, useful and imaginative alternative to a conventional mortgage has become an albatross around the necks of those who trusted the implied promise to track base rates. Shame on the directors of the Royal Bank of Scotland.
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