How do I know if my mortgage has a ‘floor clause’?

If you have a variable rate mortgage and your instalments have barely changed since 2008, it is more than likely that you have a ‘floor clause’. You can find out by checking the deed for your mortgage loan. It would appear under “limits to interest rate variance”.

You can send us your mortgage loan deed with our form. It will take you less than 99 seconds. We will analyse the unfair terms of your mortgage and file a claim for all of them. This way, we make sure you are getting the maximum amount you are entitled to.