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mortgage with hefty early redemption
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Paulxo - at the end of the day it was agreed to enter the 2 year fixed with a penalty. In reverse you'd be upset if they took away your fixed rate right?
It is not the lenders fault if someone chooses to move for what ever reason. In the offer the redemption penalty would have been stated and agreed to by signing
The OP of this post can avoid penalties if their mortgage is portbable to new property subject to application, survey ect0
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