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A & L Fees

Any1 tell me what fees they charge and how much it might be if you leave to re-mortgage with someone else? Yes my fixed rate is ending soon too!

Comments

  • herbiesjp
    herbiesjp Posts: 8,499 Forumite
    The quickest way to find out what penalties/fees you would have to pay would be to give them a call and ask them to either give you verbal information but get it backed up in writing.

    You'll probably be looking at a £295 closing/sealing fee.
    I am a Mortgage Adviser
    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.
  • MarkyMarkD
    MarkyMarkD Posts: 9,913 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    It will be £295.

    You should look at the products on their website and consider switching to one of them, on maturity of your fixed rate, as well as considering remortgaging - it obviously saves the £295 but also any potential legal fees etc. if you stay with the same lender.

    There is a £250 switching fee, but that's less than £295!
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