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Both my old mortgage company have said no

Hi I rang London Mortgage company and Kensington to reclaim my exit fees and both have declined stating there fees are justifiable.....

Is there anything else i can do, i have asked them to justify this and they have told me to put it in writing to them which i have but to date have heard nothing.

Comments

  • dunstonh
    dunstonh Posts: 121,318 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    exit fees are justifiable. Its the amount of the increase that is under question. How much did they increase since you started your mortgage and redeemed it?
    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.
  • I paid 175.00 4 years ago to london mortgage company and 225.00 to Kensington.
  • dunstonh
    dunstonh Posts: 121,318 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    What were they are the start of the mortgage though?

    The amount is not something you can complain about. It is the difference between what was stated at the start and what it was when you redeemed the mortgage.
    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.
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