silverstealth
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I have just sold my house. The redemption figure inclued £6284 of additional charges.
Originally this was a Ge Money mortgage taken out in 2002.
Every month in the detailed summary I received there was a £40 Administration fee until February 2015 when it stopped completely
in Addition a monthly Reactive fee due (LRO) of around £23 What is a reactive payment due?
This was charged up until february 2015 and then stopped and replaced with Fees payable of around £20 a month
Also additional interest of around £30?
Are all these charges legitimate?
Engage Credit - Mortgage Charges
in Mortgage companies
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Ge Money were originally the lender but I believe the account changed hands before eventually becoming the property of Engage credit.
Do you know what a Reactive fee due (LRO) is?