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Solicitor paid early redemption fee by error

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  • Hoenir
    Hoenir Posts: 7,742 Forumite
    1,000 Posts First Anniversary Name Dropper
    Edme said:
    amnblog said:
    When the Solicitor the requests funds the normal procedure is for the Solicitor to remind the Lender that you are porting a product. The settlement figure on the original mortgage then reflects the port and ERC saving.

    In your shoes I would enquire to both parties.
    amnblog said:
    When the Solicitor the requests funds the normal procedure is for the Solicitor to remind the Lender that you are porting a product. The settlement figure on the original mortgage then reflects the port and ERC saving.

    In your shoes I would enquire to both parties.

    The estate agent is now trying to speak to the solicitors (they were their recommendation) as they are chasing their money too. The ERC that we do not need to pay would have covered their fees.
    Admin always follows a few days later. Solicitor's office is responsible for settling everything. One call to the lender would had resolved everything.
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