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Avoiding NRAM MEAF fees
carlw
Posts: 201 Forumite
Hi,
Im remortgaging and leaving NRAM. I am due to pay a £250 MEAF fee, is there any way i can avoid this or pay it and reclaim it. Ive read about unfair charges, but this seems to relate mainly to lenders charging more than the key facts states. This does not apply to me, but i also read that these fees should only be the cost of administration to end a mortgage which should be about £50. Does anyone have any experiece of reclaiming or avoiding these fees with NRAM?
Thanks
Carl
Im remortgaging and leaving NRAM. I am due to pay a £250 MEAF fee, is there any way i can avoid this or pay it and reclaim it. Ive read about unfair charges, but this seems to relate mainly to lenders charging more than the key facts states. This does not apply to me, but i also read that these fees should only be the cost of administration to end a mortgage which should be about £50. Does anyone have any experiece of reclaiming or avoiding these fees with NRAM?
Thanks
Carl
0
Comments
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If the fee is as quoted at the outset, it's payable.I am a mortgage broker. You 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. Please do not send PMs asking for one-to-one-advice, or representation.0
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