Mortgage Fees - Are they unlawful?

Charis

dunstonh wrote: »

I went to the car dealer and they had a car in there for 10k. They also had a car for 30k, 50k and 80k.

How can it be legal for them to sell cars at those prices? How can they jusifty selling one car for 80k and another for 10k? Oh its so unfair that i should be forced to pay 50k for a car.

blah blah blah.... :wall: :wall: :wall: :wall: :wall: :wall: :wall: :wall: (just knicked those from homer)

I don't see why you have to be so nasty to the original poster. She's attempting to arrange her first mortgage and is asking a straightforward question. She wants to know if the fees are reasonable or not. It's a minefield out there trying to get a fair deal when choosing a mortgage. But then you already know that don't you?

BubbleFrogette

I agree with Charis.....dunstonh you have been overly harsh with regard to the original thread post. I thought this forum was supposed to be in the spirit of helping others for the common good of moneysaving - not an excuse for people who think they have a somehow superior intellect to mock others. Shame on you.:mad:

dunstonh

I thought this forum was supposed to be in the spirit of helping others

How about helping the regulars who answer this same question about 5 times a week because some people are too lazy to read a few subject titles first?

Shame on you.:mad:

Try contributing to the forum rather than criticising those that do. When you have done that for a while, then I will take notice of what you say.

homer_j_3

You are right, this forum is here to help and new posters are always welcome and should get a warm reception and all the help they need.

I wrote a post with about 10 points on what new posters should be aware of on this site and this question was quite near the top.

I accept that the OP did not know this and this site is quite relaxed with the usual forum etiquette - however what has become more common is that this question is being asked far too many times. We have asked for a sticky but we have not got it so I am sure whilst this question keeps getting asked, the response will be to go and search.

Dunston is not being nasty in his response and he doesn't need me to fight his corner but just trying to get the OP to understand that its not just financial products that are priced to attract different types of people.

Datasafe_2

I think maybe dunstonh is trying to point out in his own way that to say something like that is - lets just say a little naiive if not silly.

jedimonkey

Charis wrote: »

I don't see why you have to be so nasty to the original poster. She wants to know if the fees are reasonable or not.

No she was asking if it is LAWFUL for the lender to charge a fee..... course it isnt legal, but they thought they could try to get away with it until the FSA found out....

owitemisermusa

Delicate balancing act I say.
Let's all be nice ok?
Before we lose the plot, jldougal, welcome to the forum and to the site. I'm sure no malice was intended by anyone. Expect some abrupt comments - people are different.

jill2002

Back to the original post.

Why are you paying £250 to add your husband to the deeds - you haven't got the mortgage yet - just add him to the mortgage .

The lender will not usually allow his name to be on the deeds and not on the mortgage.

_Andy_

Possibly the property is unencumbered and just in the OPs name at the moment?

jill2002

Andy,

Sorry - you are correct if the OP owns the property mortgage free at the moment and is just looking to raise money on the property. Didn't think of that . Thanks.