Re-mortgage fees- are they legal?

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Chrissyk
Chrissyk Posts: 4 Newbie
in Mortgages & endowments
I transferred my mortgage with Nationwide to a tracker account in July 2006 and had to pay £399 to change over. When I went to see about increasing my mortgage last week, I was told that Nationwide no longer charge a fee fto change to the tracker account. The advisor said, "Sorry about that." Do we have a case to reclaim the fee we originally paid?

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  • _Andy_
    _Andy_ Posts: 11,150 Forumite
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    No, not at all.
  • homer_j_3
    homer_j_3 Posts: 3,266 Forumite
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    they were the terms at the time and you accepted them. You could have gone to another lender with no fees.
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
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