Well 9 months ago i went to purchase my secnd property. But when i wanted to release equity out of my 1st property NatWest says it wasnt possible even tho LTV was 50% and i just wanted a further 17% advance about 50k. The property was buy to let and the rent was over 100% more than the mortgage. Since i couldnt afford to let the second property go i had to get another mortgage and pay an early redemption penalty to NatWest (Basiclly forced into a corner, bent over and fuked) is how i felt. Early redemption was about £1800 Anyhows i manage to get my new mortgage with Birmingham Midshire and i got the extra 50k i needed to buy my next place. My second place was bought at a steal in October 2007 for £205k and i manage to sell it in December 2007 for £235,000 with minor improvements but again ive been screwed with redemption penaltys. A WHOPPING £5000 :mad: People say i might sound greedy but what i find hard to believe now is that they allowed me 3 months to redeam this redemptin penalty if i took out another mortgage which personally i found fair. But wait, When i applied to get another mortgage the other week i was turned down and they couldnt give me a reason to this effect apart from i didnt pass the application form. I have a credit card for the apssed 2 yrs which gets paid off every month. I have had my first property for over 2 yrs adn never missed a payment. Ive got a bank loan and again never missed a payment. I was prepared to put down a large subtantial deposit on the property which was 20% of the property price £80k I feel they have turned me down for the simple reason of : Not wanting to give me back my 5k and truely believe many people could be in the same place as me Any ideas on what my next form of action should be.