Ge Money transferred my mortgage to Kensington

Hi Ge money sold my mortgage to Kensington mortgages without any warning and i started getting letters from KMC that your mortgage is transferred and i was shocked i asked why Ge money have not send me any letter explaining why they did this, i was told by KMC that they will ask Ge money to send me paperwork that explaining why they have sold my mortgage to them but nothing came through the post .So i am still paying money to Ge money and i keep getting letter from KMC that i need to send them money which i got no problem isn't it unfair to keep me in dark if was given enough warning i could have found another lender .do legally can they sell my account to someone else without informing me ????? ~Thanks

Comments

  • ACG
    ACG Posts: 24,407 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    In short, yes.
    Its in the T&Cs.
    If your unhappy, there is nothing stopping you swich lenders now.
    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.
  • Ours got sold too, it was last november. We got a letter from ge money. We had no problems we didnt need to change the direct debit at all kensington sorted it. The terms and conditions afe the same.
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