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bounced cheque angst
sleepyk
Posts: 18 Forumite
I have been sent a chq back by the freeholder of my house as it bounced but they have charged me £42 on top of having to pay the original £175 ....Is this legal???
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Comments
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It is unlikely to be illegal. Whether it is lawful is a different matter. That would depend on the contract and who has actually charged you as it is not clear from your post. Give us a bit more detail.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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What is in your terms and conditions. There should be some reference to this sort of thng.
reasonable for some sort of charge but seems a bit steep at £42 to be honest.make the most of it, we are only here for the weekend.
and we will never, ever return.0 -
It is the actual property management company themselves that are charging the £42. They have said its their standard charge for bounced cheques! It is on their t's &c's that there are charges but obviously when you move into a property you look at /think about what might happen if you ever had a bounced cheque represented. what if we dont pay the charge??0
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The charge is highish but there is more admin work for a small property management firm and the freeholder as well as increased risks going forward.what if we dont pay the charge??
They can take you to court and apply for a CCJ. They can start eviction proceedures due to rent arrears.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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