We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Can you negotiate to remove the HLC?

2»

Comments

  • Hi, i'm a newbie to this forum but was just wondering if anyone can tell me is this fee the same as a mortgage exit fee and if so can I claim some of it back. Paid off my mortgage in june 2005 and was charged £195.00 or would that be about right. Thanks HTB
  • dwsjarcmcd
    dwsjarcmcd Posts: 1,857 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    No you can't. With exit fees you can only claim back the difference between what was detailed in the T & C's of the original loan and what you were charged when you redeemed the loan, not the whole amount

    David
    p.s. where did you drag this old thread from?
  • David
    p.s. where did you drag this old thread from?[/quote]

    Sorry mate, like I said i'm new and was reading Martin's column in The News Of The World on sunday about mortgage exit fee's so decided to scroll through the forum to see if a redemption fee was one of the same. Did'nt look at the date of the thread (you'll be old one day lol) but thanks for answering my question anyway. Harry
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.2K Banking & Borrowing
  • 254.3K Reduce Debt & Boost Income
  • 455.3K Spending & Discounts
  • 247.2K Work, Benefits & Business
  • 603.8K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.