We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Mortgage retention expired?

I have an outstanding 1000 retention on my mortgage account which is three years old. The retention was for roof repairs which never got done within the six month period. The mortgage company have never mentioned it since.

I have recently had a new roof on the property. My question is can I now approach the mort co. for the 1000.00 or should the work have been completed within six months for them to release the money.

Comments

  • opinions4u
    opinions4u Posts: 19,411 Forumite
    Depends on the lender and the terms the put in their mortgage offer.

    My radical suggestion is to ring them and ask the question.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.1K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.