Mortgage Exit Fees successes and failures

59_golfer

New to the site - picked it up in random surfing about 3 weeks ago. Saw the article in this weeks e-mail, read the success stories in this forum, rang Halifax this morning and a 4 minute phone call nets me a promise of £135 !!! :beer:
Many thanks :T

hornets_2

Just Reading Through Martins Pages And Came Across Info About Mortgage Exit Fees And Fsa Ruling.
Paid Mortgage Off Last Year And Was Charged £175.
Thought I'd Give Halifax A Ring - You Never Know.
Dials The Number And There Is An Option For This Complaint-marvelous Didnt Need To Explain Was Just Asked Do I Want To Claim Refund For The Difference---oh Yes.
Mortgage Start 1990-£20 Mortgage Exit Fee
Mortgage End 2005-£175 Mortgage Exit Fee
Refund Due Within 28 Days £155
Best 5 Minutes Work Ever.

Martin-you And Your Web Pages Are Stars. Thankyou So Very Much.

clarew

received my cheque from halifax £100 in post today-called them on either mon/tues this week-chq here friday!! Not bad indeed!!

kingrollo

The Dreaded West Bromwich building society - who charged me a £300 exit fee ....I wrote to them with a slightly amended template, but got a reply back saying they are currently reviewing the mortgage exit fees policy - and will respond within 28 days......

I already have a complaint at FOS re the time it took to agree what exit charges I would pay .....think this may go against me now .........

Please let me know if anybody hears anything different from the west brom

mykw

New to site in last month or so, so first post. Lots of useful advice here.

I just had a re-mortgage completed this Monday and previous lender Royal Bank Of Scotland charged £225 in contrast to the £75 fee listed in the tarriff when I opened the mortgage in 2001. Spoke to them today and they're "reviewing the FSA report" and will "be contacting all previous customers soon". This seemed like a fob-off to me so I've drafted off a letter using Martin's templates.

I've also just spoken to Halifax who I was with from 1994 (with a £40 exit fee) to 2001 when I was charged £75. So I've been promised the £35 refund but due to it being closed quite a while back the application is going via the "business centre who may require further information".

So sounds promising, thanks to Martin and all here for the important information.

Derek_Duval

Got my payment from the woolwich quickly, as it was paid by chaps. I wonder if that cost the woolwich the £25 they charge us for chaps, I think not, maybe another case for the FSA to investigate.

arrowone

I received an offer from Northern Rock of £65 difference between £95 and £160 when mortgage was redeemed in 2003.

I am wondering whether I should argue that the original £95 exceeded their costs and can not be justified also what about interest?

Is this worth trying?

gallygirl

Derek_Duval wrote:

Got my payment from the woolwich quickly, as it was paid by chaps. I wonder if that cost the woolwich the £25 they charge us for chaps, I think not, maybe another case for the FSA to investigate.

:rotfl: :rotfl: :rotfl: :rotfl: :rotfl: PMSL :T :T :T

Mandog

I rang the Halifax on Tuesday. They told me the quoted fee was £75 when I took out the mortgage in 2002, and I was charged £175 exit fee last year.

On Thursday I got a bankers draft for £100.

Thanks Martin!

yaznyl

I had an 'adverse lender' mortgage with Platform a few years ago. Not sure if I want to chase them up as they were very unpleasant. Has anyone had any dealings with them??