Wasted "handling fee"

Fluffylovecheeks

been looking for a mortgage after inheriting a few bob and being able to put a 20% deposit on a 110000 house.
After seeing a IFA he decided that Norwich and Peterbrough would be best for us....5.2% fixed for 3 years
They wanted a £100 "handling fee" in cash so paid that and waited

and waited

and waited

after a month I got a bit nervous and phoned the IFA who said he would call them

He phoned me back to say that the N and P had stopped taking on new business 3 days ago...so we lost our £100
It isnt the money that irks me...it is the feeling I have been done

Put it down to experience i suppose

Got a mortgage with halifax by the way

gemma_sue

Hi Fluffylovecheeks,
Well i nearly fell off my chair when i read that you were looking for a mortgage after inheriting a boob job. I wondered what the connection was! Of course i re-read and saw that you had actually inherited " a few bob".

It all made sense then!

dunstonh

The N&P wouldnt have wanted any fees in cash. The adviser should also have placed your business in a timely matter. So, you should discuss this with the adviser with a view to the adviser refunding your £100.