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Early repayment fee
mrslynas1
Posts: 1 Newbie
My bank (lender) has advised me that I will owe them £900 when I come to re-mortgage my flat via another lender. Apparently I have been tied to a 3 year agreement and will be forced to pay this penalty as I will be moving lender within the 3 year period. Any suggestions would be great.
Regards
Roy
Regards
Roy
0
Comments
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dont move, or pay the fee im afraid. Why do you want to leave them anyway?0
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http://forums.moneysavingexpert.com/showthread.html?t=394843
see this thread it might help answer your question.
Sam"You've been reading SOS when it's just your clock reading 5:05 "0 -
My early repayment fee increases the nearer I get to the 'end of tie-in' date which is June. Don't quite get how this works!!0
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