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Mortgage Exit Fee £99 to £225 in 18 months

Can anyone point me in the right direction please.

When I signed up for my Base Rate Tracker with the Abbey (18 Months ago)the mortgage exit fee was listed as £99 but may increase. I've now found out that it's increased by £126. I think this is unreasonable.

Does anyone know where I can find a standard letter to complain? and what are the governing bodies in addition to the FSA who can help?

Comments

  • oldgot
    oldgot Posts: 6 Forumite
    I work for a bank..Were giving a special phone number for anyone who calls us regarding this as it was highlighted on tv last week in the morning.

    Give your bank a call.:o
  • Noz
    Noz Posts: 3,869 Forumite
    Part of the Furniture Combo Breaker
    Martin's article (http://www.moneysavingexpert.com/cgi-bin/viewnews.cgi?newsid1170081918,22653,) and the two threads dedicated to Exit fees at the top of the page will help, including a letter template
  • Melissa177
    Melissa177 Posts: 1,727 Forumite
    Lions21 wrote: »
    Can anyone point me in the right direction please.

    When I signed up for my Base Rate Tracker with the Abbey (18 Months ago)the mortgage exit fee was listed as £99 but may increase. I've now found out that it's increased by £126. I think this is unreasonable.

    Does anyone know where I can find a standard letter to complain? and what are the governing bodies in addition to the FSA who can help?

    Of course, it might not just be 18 months - it might be a lot longer, because you don't know how long it was at 99 pounds prior to your application.

    I still think all these fees are extortionate.
    Errors of opinion may be tolerated where reason is left free to combat it. - Jefferson
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