Mortgage Exit Fees discussion

MarkyMarkD

Deleted_User wrote:

As I went from one Abbey mortgage straight into another through moving house it would have been nice if Abbey could have waved the exit fee on the first one altogether - as show of appreciation for my loyalty in sticking with them - or perhaps found a way of just swapping the old mortgage onto the new house - but I suppose that really IS asking for too much.

Remarkably few lenders offer any sort of loyalty benefit to people who move house, but take another mortgage from them. Off the top of my head, I can think of A&L (who offer Premier mortgages to existing mortgage borrowers as well as Premier Current Account customers) because my mortgage is with them, but as you point out it's a shame that others like Abbey don't seem to offer any sort of incentive to use them again.

backintouch

Hi Seletar,

There probably wasn't a charge 18 years ago, so you should receive full amount, I wrote to my previous lender and they are going to refund full amount £225 plus interest of £24. I had originally taken out my mortgage in 1989. I was with C&G and they got back to me within day. Good luck....:j

Doublespresso

Anyone knows whether this applies also to "Buy to Let" mortgaes?

annie42

Yes Doublespresso I have four buy to let properties which I intially mortgaged with Nat West. I have just sent a letter to them claiming £560 including interest.

polgara

I'm in the process of trying to sort out my parentals claim - they took out the mortgage, with Bradford & Bingley, in 1969 and redeemed it in 2005 with a sealing and deed release fee totalling £200 - as far as I'm aware they've never increased/changed the mortgage (number of loans secured against the property) so I've requested the whole amount back for them...fingers crossed.

Now looking into my partners, brothers, cousins etc....

moneyhungry_2

it is the same as amount stated in my contract. I had a mortgage with Abbey and the Exit fee stated was £225. I have recently moved house which meant paying off the old Abbey mortgage and taking out a new one - still with the Abbey and I paid the £225...is it possible to claim this back when the amount paid matches the amount on the contract?

Thanks :-)

[Deleted User]

Anyone dealt with Direct Line yet? I had a mortgage with them also back in 2000 but have no paperwork.

tryhard_2

hello! sorry have not read the complete thread. this link might be useful for those who are not sure of how much they can claim back. apologise in advance if already posted
http://www.thisismoney.co.uk/mortgages/article.html?in_article_id=417037&in_page_id=8#h
good luck

Sting_2

Does anyone have the number to ring the Halifax on to discuss mortgage fees? I had a mortgage with them for over 10 years and only changed lenders in 2006.

Also, (I understand Halifax are being good with refunds) can I do it with just my mortgage account number? Not sure what happened to my old documents!

[Deleted User]

Sting wrote:

Does anyone have the number to ring the Halifax on to discuss mortgage fees? I had a mortgage with them for over 10 years and only changed lenders in 2006.

Also, (I understand Halifax are being good with refunds) can I do it with just my mortgage account number? Not sure what happened to my old documents!

08457 27 37 47

I did not have my old documents - it just took a little longer that's all.