Any news on redemption fees report

edda

I read ages ago that the FSA (or something similar) had given mortgage providers until July 2007 to set out their redemption or exit fees policy and costs clearly - including justification for raising the fee during the period of a mortgage.

Does anyone know if this has been published yet - or when it is likely to be?

I'd love to know what the position is since our fee has been changed in name and upped from £95 to £295 from when we took out the mortgage.

I keep checking the media, but nothing so far...

Noz

Martin's article: http://www.moneysavingexpert.com/reclaim/mortgage-fees
Dedicated threads at the top of this forum: http://forums.moneysavingexpert.com/showthread.html?t=394543 & http://forums.moneysavingexpert.com/showthread.html?t=363731

edda

Yes - Martin's article was one of the places I read about this month being the deadline date. Just looking for the definitive responses to see what the institutions have to say for themselves officially.

Scott

As far as the last details I was reading, we're due another statement at the end of the month from the FSA regarding this, so hold tight.

MSE_Martin

The month end - but there's no definite chance it'll publish the responses stratight away