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Re-Claim Mortgage Early Redemption Charges
Katasha
Posts: 1 Newbie
I moved house prior to the end of my fixed rate. The Halifax said that I couldn't take the fixed rate with me - so I had to re-mortgage and pay 2% of the outstanding balance in penalties for redeeming early. Is this fair - and would this type of charging fall within the scope of unfair ?
0
Comments
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The Halifax allow porting, as long as you and the property meet their criteria on new application
what was it in your case?0 -
"Early Redemption Penalties can't be reclaimed. These are charged when you repay or switch mortgage during a special deal, such as a fixed or discount rate (see the Mortgage Guide / Remortgage Guide for details)."0
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