Mortgage Exit Fee Lender Table

dean2230

My terms were a £50 fee they charged me £140. They are refunding me the £90 on the back of a letter from this thread

Thank you

:T :T :T :T :T

chardanna

I work for Portman, if you call we will just ask you to put it in writing to be assessed, We cannot give any refunds over the phone

Prudent

My lastest statement from the Northern Rock shows they have dropped their exit fees from £250 to £160. My mortgage was taken out in November 2002.

Well done mse :T .

Meljelbel

tipsychick wrote: »

The exit fee at the Portman BS was £55.00 in November 1998 and was still that amount when my mortgage went through in May 1999. (I've got the original documentation).

HTH

I have recently moved my mortgage from Portman BS. I have received a cheque for £52.50, as mentioned the exit fee should have been £55 - deed transfer was also taken into consideration.

Meljelbel

chardanna wrote: »

I work for Portman, if you call we will just ask you to put it in writing to be assessed, We cannot give any refunds over the phone

I did phone and was asked to write a letter. Received a prompt reply stating that the matter would be reviewed, within a week or so received a letter and cheque. Very professional company, thank you.

wannabemoneysaver

Hi Folks.

I took out a mortgage with the Woolwich in Sep 2006. I wanted to increase the borrowings to get the Kitchen done, but was told I would have to redeem the mortgage and take out a new one.

I did this then fell foul of the £295 exit fee. After reading some of the comments on here I rang them and asked where I stood. They said that because the fee was in myoriginal small print, they won't refund anything.

Is there any more I can do?

MobileSaver

The Skipton 'Redemption Discharge Fee' was £75 in 2002

From their "Important Mortgage Information" booklet 20/12/02: "7.14 'Redemption Discharge Fee' This fee covers the preparation of the documents for discharging the mortgage (including sealing where necessary) and updating the Society's records".

The next item in the booklet was "7.15 Early Redemption Fee" just to clarify that the 7.14 above is NOT the early redemption fee.

Crying_over_spilt_milk

does selling up count as exiting your mortgage and therefore attract exit fees?

MarkyMarkD

Of course.

NorthernLad_2

On Tuesday this week Northern Rock announced the removal of all MEAFs from all new mortage contracts.