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reducing redemption repayment
Hasting_2
Posts: 1 Newbie
I have just sold my flat and purchased another where I will be mortgage free. I last took out a two year fixed interest rate in April 2008. I have now been advised that this period is until the end of June and I would have to pay £6,500 redemption fee. Are there any negotiations I can make for these additional two months? Or other suggestions please?
0
Comments
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Can you delay the sale of your flat for 2 months ?
Ring the lender and ask will they reduce the ERC or better still cancel it !
You can only ask.0
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