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ERC HSBC to First Direct

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Just doing some figures as seems to make sense to move our mortgage across to First Direct from HSBC, especially as we have moved all our banking across.

My query is that given they are in reality the same company, are HSBC likely to enforce the ERC?

We would probably still make a saving if they did enforce it, but if we go for the mortgage that we want, taking into account all the fees, the saving would be negligible

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