Written by John Kruse, one of the leading experts on Bailiff Law, this consumer friendly guide is essential reading for anyone who comes into contact with a bailiff.
The book is easy to understand and clearly explains the rights
a bailiff has, and also what they cannot do when collecting debts and repossessing goods etc.
I am in the process of moving and increasing my mortgage from the Bank of Scotland to the Leeds to pay for an extension I am having built on my house.
At the eleventh hour I recieve a letter from the BoS outlining the redemption figure and fees
There is an early repayment charge of 3% of the mortgage for redeeming within the first three years. This equates to an ERC of £7500 in my case.
Where this differs to other posts is that my mortgage with the Bank of Scotland was a variable rate tracker and was not fixed, or discounted. I can understand the mortgage companies wishing to factor in 'losses' due to the consumer utilising a fixed/discounted period then exiting, but there has been no discounted period.
Unfortunately due to building work scheduled to commence, I will have to pay as I can not afford to delay the builder. I am interested though in peoples opinions as to whether I should try a claim 'after the event'
Considering Claim- ERC - Bank of Scotland
from the Bank of Scotland
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