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Personal: Mortgage Increase

This morning I had a letter from my mortgage company Abbey National informing me that due to change of “rate of interest applicable to your standard variable rate loans”, I will now be paying more for my mortgage. How much more? Erm, 1p per month! (That’s $0.02 USD or 0.02Euros). This is in a letter sent to me by first class post at 27p (around 0.42 USD/Euros: I’ll just call them “euro-dollars from now on, it’ll probably be easier 🙂 ).

Ok, since the Abbey are a big user of the postal service they probably have a bulk-users discount – but if we assume 24p: it still means that for the next two years I’ll be paying them that little bit of extra money just for the letter. I should really write to them and say “Next time, don’t bother telling me – and take the amount you saved off my mortgage”. 🙂 The mind boggles sometimes….

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