Final Repayment Charge

Richard_Webster

I did a simultaneous port keeping the same balance and rate for the existing loan and paid an application fee for the additional borrowing.

Did you tell your solicitor you were expecting to "port" and therefore didn't expect to pay the penalty?

Did your solicitor simply pay the higher figure without realising porting was involved? Did he not ask you if you were expecting to pay the fee? If you said you weren't did not he take the matter up with the lender to get confirmation that it wasn't payable?

The point here is that your initial post wasn't very clear. We don't know if it was simply lack of communication between you and your solicitor on the one hand, or on the other that the lender actually saying, when pressed with the facts about the new mortgage, that the penalty was repayable.

Please give us more background.

Milliewilly

Surely its was the banks responsibility not to apply the penalty in the first place as the mortgage has been ported under the same terms - not to apply it and expect the solicitor to spot it? I would be onto the woolwich - if you complain hard enough they put you through to a dedicated person in their Leeds offices - sorry I haven't got their direct line.

Daddy_Bear

My solicitor was aware I was porting. I blame the bank.