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Mortgage arrears and receiver fees
craigapullen
Posts: 1 Newbie
To cut an extremely long story short I had 3 buy to let mortgages that were in arrears. They were transferred to a receivers but I paid the arrears in full and the appointment was cancelled.
Subsequently I have been charged by the Bank (several thousands) in relation to the solicitors fees and this has put me massively in arrears again.
Is this right? I was lead to believe that the charges would be added to my mortgages but not put me back in arrears.
Can anyone help?
Subsequently I have been charged by the Bank (several thousands) in relation to the solicitors fees and this has put me massively in arrears again.
Is this right? I was lead to believe that the charges would be added to my mortgages but not put me back in arrears.
Can anyone help?
0
Comments
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There's no right have to fees capitalised by adding them to the mortgage balance. The lender has the right to demand immediate payment of the fess.0
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