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Spml loan And Then Spml Mortgage
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mikkir
Posts: 35 Forumite
June 06 after much umming and ahhing we got a new Mortgage £150k through my usual broker, the main reason was that we had a secured £20k loan ad some crazy interest rate. When it came through I was amazed that both the old loan and the new mortgage were with Spml. I fully expected paying the early exit to Spml for the loan but not with their own bloomin money!!!. Would I have any case at all to reclaim the £3.5k erc fee that they charged me??? This has got to be in breach of the OFT charges recomendations, if so could any one guide me in the right dierection to start proceedings. Thanks Mick
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Comments
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Nobody? Anyone there?0
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Did you not check who your new mortgage was with before signing?Gone ... or have I?0
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To be honest my mortgage advisor sorted out the mortgage for me and I got a vgood rate and I dont mind being with SPML, but can they legally pay off their secured loan AND early redemption charge with their own money?0
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