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Mortgage Fee
clarky_cat
Posts: 157 Forumite
Hi, I'm a first time buyer and moving in my new place next month. I agreed a mortgage with HSBC over a month ago with a 2 year fixed rate of 4.99% + had to pay a product fee of £399. I've been on their website today and the rate is now 4.49% with no product fee.
I phoned them to see if I can switch to the 4.49% and they're getting someone to call me back. Is it straight forward to switch to this new rate?
Also, they said the product fee I've already paid is non-refundable. Can anyone confirm if there is any way of getting this back or have I lost it?
Thanks
I phoned them to see if I can switch to the 4.49% and they're getting someone to call me back. Is it straight forward to switch to this new rate?
Also, they said the product fee I've already paid is non-refundable. Can anyone confirm if there is any way of getting this back or have I lost it?
Thanks
0
Comments
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I'm with First direct (tied with HSBC) and they had no problem removing the fee once a new special offer cam on.
I think you've probably lost the initial payment though0
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