Quizzes & Puzzles11 mins ago
mortgage redemption
6 Answers
hi
im just about to sell my house and i have been told that there is a 6% redemption charge on the selling price,i know i should have read the small print but i didnt as it was a friend that did it for me. my question is - is there anything i can do about getting round this atall,such as the bank charges that are going on at the moment?
regards
dave
im just about to sell my house and i have been told that there is a 6% redemption charge on the selling price,i know i should have read the small print but i didnt as it was a friend that did it for me. my question is - is there anything i can do about getting round this atall,such as the bank charges that are going on at the moment?
regards
dave
Answers
Best Answer
No best answer has yet been selected by blueboris. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.ah okay - but still no (AFAIK) - the reclaiming of the bank charges are an issue regarding proportional charges for penalties - it is hard to justify a letter costing �35 when the cost is less than �5. It is easier to justify in non status lending as very simply, it is a high risk industry.
Being honest, it might be worth a try, but I wouldn't hold out much hope.
Being honest, it might be worth a try, but I wouldn't hold out much hope.
I've just heard that Money box on radio 4 at noon tomorrow (repeated Sun or on listen again) is covering this.
http://news.bbc.co.uk/1/hi/programmes/moneybox /6411577.stm
Hope they can give you some good news
http://news.bbc.co.uk/1/hi/programmes/moneybox /6411577.stm
Hope they can give you some good news
http://news.bbc.co.uk/1/hi/business/6405039.st m
This is a better link
This is a better link