NEW Mortgage Exit Fees Discussion

mdy_2

Can you please tell me if a personal loan secured on your property in which a "Deed of postponement" charge was made when it was closed qualifies under this for a refund or not. Thanks

linden_2

I have just been told by Mortgage Trust that Buy to Let mortgages are not covered by the FSA , and that they are not refunding any mortgage exit fees .

Can anyone comment on this ?

dk67

just about to call RBS to enquire about MEAF as I cant see it on the mortgage paperwork - then saw something on Martin's info page that makes me think that RBS stopped charging these in July 07. My remortgage went through in July 07, moving me to another provider. Am I right then that I havent been charged a sealing fee?
I took out the mortgage in December 2004...
Dont want to phone and look stupid, demanding money back that I havent even been charged!!!

Thanks

dunstonh

linden wrote: »

I have just been told by Mortgage Trust that Buy to Let mortgages are not covered by the FSA , and that they are not refunding any mortgage exit fees .

Can anyone comment on this ?

That is correct.

Debras_Angel

Just made the call to Halifax and got a very nice man who is sending me a cheque for £100, thanks to this wonderful site.

All done within 5 minutes

Cheers

Debs:j :j

Should have said for overcharged MEAF!

dk67

does anybody know answer to my query - do RBS not charge a MEAF now? I changed provider from RBS in July 07...

stephen25uk

does anybody know what the rbs were carging for a mortgage sealing fee as they call it in april 2004 or thereabouts i am struggling to find any info and the guy on the phone was very flippant and i dont think he checked it out correct

dk67

ditto - stephen25uk!

I need to know the same. mortgaged with RBS from dec 04 - july 07

did you ask the operator directly without any paperwork then? and did you call your local branch?

MrScorpio1977

Hi

Long time listener first time caller... what a geeklike comment i know...

Ive just called Natwest and was told that i took a deal with new rates in 2004 and the contract at that point stipulated £225 so therefore im not due to a refund... could that be the truth or are they just yankin my chain??

please advise

Thanks

Noz

MrScorpio1977 wrote: »

Hi

Long time listener first time caller... what a geeklike comment i know...

Ive just called Natwest and was told that i took a deal with new rates in 2004 and the contract at that point stipulated £225 so therefore im not due to a refund... could that be the truth or are they just yankin my chain??

please advise

Thanks

Depends entirely on when you agreed the new deal.

thisismoney (http://www.thisismoney.co.uk/mortgages/article.html?in_article_id=417037&in_page_id=8#r) suggests that deals agreed before Feb 2005 should have been charged only £100