Mortgage Exit Fees successes and failures

barker74

I was charged £225 by Abbey to exit my mortgage. My original contract stated a fee of £99. On Monday I posted one of the template letters and by Saturday I had a cheque with the refunded difference of £126!!!
Thanks to Money Saving Expert!!!!:money:

dunnomate

Wow - well dne barker74 !!

cheers

dunnomate

deard69

My exit fee on my contract stated £150 & 4 years ago I was charged £150, does this mean as they didn't inflate what they said they would charge I can not reclaim ?

barker74 wrote: »

I was charged £225 by Abbey to exit my mortgage. My original contract stated a fee of £99. On Monday I posted one of the template letters and by Saturday I had a cheque with the refunded difference of £126!!!
Thanks to Money Saving Expert!!!!:money:

MarkyMarkD

Obviously, yes, deard69. You've paid the correct amount and have no reason to complain.

vidcare

Thanks to Martin
Rang Abbey received a form returned it and in 7 days received a cheq. for £140 A Merry xmas to every one and cheers to 'MARTIN':money:

hazbt25

I wasn't sure if I had been overcharged or not, but found my old mortgage roll number from Alliance and Leicester and used it in the template letter.
Just received a cheque for £210.00!!!
A nice little Christmas bonus!
:T

lewis1411b

Hi

I contacted Abbey National regarding the fees I was charged a day later I received a claim form and within 7 days I received a refund of £130.00.

Being on Maternity leave and having the time to investigate has proved a winner for me, otherwise I would never of had the time.

Thank you.
:beer:

MeanManc

I spent an afternoon two weeks ago hunting out paperwork for remortgages, I had done three over a few years.
Result! A form to fill in to accept £100 from Halifax, the difference between the initial and actual charges. Opened post today and a cheque from Coventry for £100, the difference between the two again. And, the best of all, a cheque from the One Account for £225, the whole fee, even though they stated that amount as the fee at the outset.

Total £425 for an afternoon of checking paperwork, writing three letters and the cost of the stamps. Time and money well spent, I think.

Thanks for the advice and encouragement to tackle this.

athewitt

Hi there long time lurker, first time poster.

I have read this with interest. I have 3 mortgages that I think I should be able to Claim on:

1. Abbey mortgage, account number known October 2002 redeemed, unknown MEAF fee paid but arrangement letter states it should have been £99
2. Northern Rock, account number known December 2004 redeemed, unknown MEAF fee paid, unknown what contract stated
3. Abbey Mortgage, Account number known May 2007 redeemed, £99 MEAF paid as per contract

What can I do with the first 2 where I cannot prove what I paid?
Is the first one too far in the past?
On the third one I paid what the contract stated - however it seems high given that their costs were likely less than £50. How much do I try and claim?
What are the chances of being able to claim the arrangement/booking fees? I paid a £499 booking fee on my most recent mortgage - surely this cannot be pure cost recovery on behalf of the lender?

Thanks in advance for the help - yes I am a rate tart and proud of it.

Andrew

Sionni_bach

£175 from a Building Soc/ bank that always did a shabby 'take it or leave it' deal when mortgages were rationed!!!! (Ok, so not many of you remember that); but even 'Oldies' who pay off their mortgages can benefit from this eye-opening site. Age is no barrier to financial prudence; as there are very few, if any, financial schemes that put customer before cash; sad to say nowadays. Many thanks to all those who have contibuted to this forum and this site.
Diolch yn fawr (Thanks a lot) and Nadolig Llawen i bob un (Happy Xmas to each one).