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Will any lenders pay your redemption penalties if you switch?
eddie_c_2
Posts: 153 Forumite
Are there any bona fide lenders, Banks or Building Societies etc, who will pay redemption penalties if you change mortagage lender in order to get your business?
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Comments
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Nope, there aren't0
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nice thought, but no, not yet anyway!0
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They won't pay them for you, but they will let you add them on to the new mortgage amount, if it is within their lending limits and criteria of the scheme chosenI am a Mortgage AdviserYou should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
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