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Barclays - Mortgage Exit Fee

tracyyi
tracyyi Posts: 118 Forumite
10 Posts Name Dropper First Anniversary
I have a fixed 2-year mortgage with Barclays and have a "Mortgage Exit fee (payable on final repayment of the mortgage and is non-refundable) £80".

At the end of the 2-year mortgage, if I repay all the mortgage, do they still charge me £80 for the Mortgage Exit Fee?
Thank you.

Comments

  • HobgoblinBT
    HobgoblinBT Posts: 256 Forumite
    Fourth Anniversary 100 Posts
    Try Google “Barclays Mortgage Exit Fee”.
  • I have not googled as above but my guess is yes you have to pay the fee.

    It covers staff costs and any land register costs in discharging the charge they hold over your property once you have repaid.
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