Mortgage exit fee reclaim

mudmuppet

Can anyone help?
Just been looking at the table in the Mortgage exit fee reclaim article and cant workout what I'm able to claim? I ended a mortgage with the Portman Building society.
Does the 6 year limit apply for these charges reclaim as well?
Many thanks

dunstonh

The information is covered quite clearly in Martin's article on this subject. Its quite simple. The difference between what you were charged and what you were told (or was in place) when you took the mortgage out is what you can claim for unless the mortgage was unregulated (buy to lets for example) or the increase is small enough to be justifiable. Most fees didnt start rising much until after 2003 so its often not worth going back much earlier than that although some have had success, although the amounts involved were much lower.

dws_72

To be honest, it was a bit confusing for me too.
All you need to do is ring your old lender and ask about claiming for a mortgage exit fee and they will tell you if you can claim.
thtas all i did and got £80