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Mortgage application fee

Hi there I hope everybody is well. 
In 2002 I applyed for a mortgage with Lloyd's bank and I paid £500.
The bank did not accept my application but kept the £500 application fee that they never gave me back.
Is there a way I can get my money back!
I thought that was outrageoud

Comments

  • lincroft1710
    lincroft1710 Posts: 19,715
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Forumite
    edited 4 June 2022 at 3:01PM
    Giacomo1_ said:
    Hi there I hope everybody is well. 
    In 2002 I applyed for a mortgage with Lloyd's bank and I paid £500.
    The bank did not accept my application but kept the £500 application fee that they never gave me back.
    Is there a way I can get my money back!
    I thought that was outrageoud
    I would doubt it, if you applied in 2002 and not 2020. 

    There is a 6 year time limit on recovering a debt. So unless you have asked for this money back within the past 6 years you are statute barred. Further it may have been non refundable and as this was 20 yrs ago, a failed application may no longer be on the system. 
    If you are querying your Council Tax band would you please state whether you are in England, Scotland or Wales
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