Mortgage Exit Fees successes and failures

MarkyMarkD

There is no point at all going to FOS. NR are not going to refuse to pay the correct amount.

Can you restate: when did you take out the mortgage with NR, when did you redeem it, what MEAF did you pay and what MEAF are they saying you should have paid?

As you said you completed the mortgage in 2005/6 I am confused that you now say you sold the flat in 2005.

missielizzie

OOOh. Just read this info and thread.

Quite excited at the prospect of getting some money back, but not looking forward to the hunt through the loft to find old paperwork!:rotfl:

Anyone had any dealings with GMAC mortgages? We moved house and paid off/switched 3 years ago. No idea what we paid, but guess we did -GMAC seemed to charge for everything. :mad:

Also, my partner sold his house to move in with me/join my mortgage about 5 years ago. Anyone know how long you can go back with these claims?

beaty

Hi new to this so be gentle with me i have a Gmac mortgage and own a business end of last year we had problems in the company “money” no fault of our own but we had to deal with it, so i asked my mortgage company to help me out “no way was they” as stated in my “terms and conditions” as i was told, so i was £1000 behind on the loan if i didn’t pay by DD they charge me £15 month + £50 a month for being in arrears. £65 a month :mad:
As sometime if i did not have enough money in the bank, a bounced D/D would have cost me £25 what do i do :eek:? Cancel the d/d save the money in a shoe box when the mortgage was due to be paid, i would pay the money in the bank that day then phone up and pay by card. This went on for some time, and i had heard that Barclays bank had just written off ££££billions of pounds to other country’s with a stroke of a pen, i thought NO is not right i took my case to the [EMAIL="complaint.info@financial-ombudsman.org.uk"]complaint.info@financial-ombudsman.org.uk[/EMAIL] and i won £1200 + no more charges if i could pay the arrears by £50 A MONTH BY D/D. So people out there, it’s your money that’s why the government put the Ombudsman there in the 1st place to serve you! “What have you got to lose?”
Good luck :T

jules1962_2

We've been reclaiming from private and public sector bodies for the past 19 years and this was the easiest yet. Thanks to MSE's :money: list of contacts for every main mortgage provider, we had the tel. no. immediately and so phoned the C&G Helpline for MEAF on Sunday 5th July, armed with our closing a/c statement of our m/g with them from 2004 so we could ID the account.

The very helpful person on the phone confirmed our exit fee should have been £100, not the £225 w ehad been charged, so we'd be receiving in <7 days a refund of £125 + interest. In fact the chq arrived Wed 7th July for £145.06!

This takes our reclaim tally to over £10k - top result, MSE and C&G!!!

mrmusic

Rang Standard Life bank as my morgage ceased in Jan 2007.They'd charged me £200 (discharge fee).They immediately said I would have paid what my contract said and it was OK.So I pushed him and asked what my contrat had said .He said £150 so I told him I'd been charged £200..There was a sharp intake of breath and "hang on for a minute".
After about 3 minutes. he came back on and said he would have to refer it to a different teamand someone would ring me back. So......here's hopin'

bat_2

Unfortunately I contacted LLOYDS TSB and was informed by a sniffy lady that I had not been over charged but had only paid £100 and when I quoted the article part that it costs most lenders around £50 to close a mortgage she replied "yes but it doesn't say that it is definately £50 does it"? so I said I will write asking for a breakdown and she told me to write to the address that I had on the letter in front of me, after I came off the 'phone I remembered that we had in fact paid off another mortgage also with LLOYDS ( a second property we owned) so I will look out the stuff for that one and contact them again.

mikesteven

Martin, many thanks for all the info on the Mortgage Exit Fees, have contacted the C & G and have been told I am due a refund, not sure of the total amount but it is over £100.00, great news, many thanks again.

Kind Regards, M.Stevens.:j

MarkyMarkD

bat

The £50 quoted in the article is irrelevant. The actual cost is irrelevant.

If you agreed to pay £100 when you took out the mortgage, that is what you should pay.

shelly1964

Hi i paid off my mortgage in 2003, 20 years earlier due to critical illness cover. Does anyone have the details of Chelsea Building society so i can claim mortgage exit fees.

_Andy_

shelly1964 wrote: »

Hi i paid off my mortgage in 2003, 20 years earlier due to critical illness cover. Does anyone have the details of Chelsea Building society so i can claim mortgage exit fees.

Why do you feel you are able to claim?