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£225 Santander fee
a2lt16v
Posts: 16 Forumite
Just a quick I have a memory like a sieve
Just got my renewal pack through
Is this the same fee that I originally deferred in 2011 or is it an additional £225 to add to the one I previously deferred until the end
Just trying to work out if there now £450 of fees built up
Just got my renewal pack through
Is this the same fee that I originally deferred in 2011 or is it an additional £225 to add to the one I previously deferred until the end
Just trying to work out if there now £450 of fees built up
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Comments
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I'm just applying for a Santander mortgage. They're fee-free at present for those moving to Santander or taking out a new mortgage. So, I suspect it'll be the fee you deferred from 2011. Unless for some reason they charge existing borrowers a fee to take out a new mortgage, which would seem a bit self-defeating.0
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Normal "end of mortgage" discharge fee when the mortgage ends, or it is repaid by other means.I am a mortgage broker. 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. Please do not send PMs asking for one-to-one-advice, or representation.0
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Santander starting charging at outset, and 'delaying payment' until redemption as a way of getting round an FSA commandment that they couldn't charge this fee.
The one fee of £225 is normal on your product.I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, 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.0
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