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Late payment charges on mortgage question
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Posts: 347 Forumite
Hiya,
I had my mortgage statement today and there are late payment fees, a late payment interest charge and returned direct debit fees.
Is there anything I can do they come to about £160
I had my mortgage statement today and there are late payment fees, a late payment interest charge and returned direct debit fees.
Is there anything I can do they come to about £160
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Comments
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Hiya - I'm not sure about this sorry - you could maybe ask on the bank charges reclaiming board to see if anyone knows on there what the rules about mortgage charges are?"I wasn't wrong, I just wasn't right enough.":smileyhea97800072589250
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Ok, will do ta0
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Back last June I had all my charges refunded to me. It was an old mortgage which I had transferred to another bank but I got it back. It was before the bank charges court case though so I don't know where you stand now.0
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I claimed mine back in 2006 and won. I would still put in a claim as it can't hurt to try.Barclaycard 3800
Nothing to do but hibernate till spring
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People have been able to claim back the mortgage exit administration fee that is charged when you redeem your mortgage, generally when you move to a different lender. You usually get back the difference between what the lender charges now and what they charged when you first took out your mortgage.
Late payment fees and interest on late payments are detailed in the terms and conditions and you are unlikely to be able to get a refund on those.I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0 -
They are also detailed on bank accounts yet people get the money back. I got all my late payment fees back on the mortgage but not the interest.Late payment fees and interest on late payments are detailed in the terms and conditions and you are unlikely to be able to get a refund on those.Barclaycard 3800
Nothing to do but hibernate till spring
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Not at the moment they don't - it's all on hold until the current case is decided.Broken_hearted wrote: »They are also detailed on bank accounts yet people get the money back. I got all my late payment fees back on the mortgage but not the interest....much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0 -
Hopefully they will soon thoughBarclaycard 3800
Nothing to do but hibernate till spring
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I think I will try it once I have cleared the arrears, they are being very good with me at the mo so wont rock the boat.
Thanks for the help0 -
i am going to have a go at claiming back my sil mortgage late payment fees its the equivalent of 1 month mortgage payment!!!Save 12k in 2015 member 187. £62.50/60000
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