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BOI - not paid my redemption fee as agreed

BOI - not paid my redemption fee as agreed
I completed my sale within the timescale they set and yet they have not paid me the 5K as agreed. I have a letter where they offered it to me.
Shall I go to small claims court?

Comments

  • kingstreet
    kingstreet Posts: 39,353 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Was it charged when your sale completed?

    They are agreeing to waive such charges, so I presume they don't charge it, rather than charging it and refunding it back.

    We are talking about an early repayment penalty, not a final or deeds release fee?
    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.
  • opinions4u
    opinions4u Posts: 19,411 Forumite
    BOI - not paid my redemption fee as agreed
    I completed my sale within the timescale they set and yet they have not paid me the 5K as agreed. I have a letter where they offered it to me.
    Shall I go to small claims court?
    No. Complain, then, if unsuccessful, use the FOS.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    BOI - not paid my redemption fee as agreed
    I completed my sale within the timescale they set and yet they have not paid me the 5K as agreed. I have a letter where they offered it to me.
    Shall I go to small claims court?

    Have you claimed it from the BOI?
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