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FSA statement on mortgage exit administration fee increases


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I would say that they may be building up to something about ERC's before long. Here's hoping...!

 

:)

--------------------------------------------------------------

HSBC

Settled in FULL on 8/8/06 - £3619.53

:D

CAPITAL ONE

Settled in Full on 6/9/06 - £84.76

:D

ABBEY NATIONAL (Old N&P Mortgage)

Settled In Full on 2/3/07 - £307.13

:D

SPML

*Court Case Withdrawn - family illness*

MORTGAGES PLC

*Court Case Withdrawn - family illness*

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That is my thought too Les.......wouldn't that be great.....here's hoping!!!

2006 RatNest - Personal a/c:

JulyLBA, Aug Filed Claim, Oct Settled in full £7,000

 

2006 RatNest - Ltd Co a/c

JulyLBA, Aug Filed Claim, Oct Settled in full £8,000

 

2006 RatNest - Hub's a/c

JulyLBA, Aug Filed Claim,Sept Settled in full £1,000

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Yes, but these fees are usually a few hundred pounds. Obviously worth claiming. But this is small change compared to ERCs which are often thousands (well, mine is!). Perhaps the FSA should turn their attention to the larger problem. Surely they are dodging what is the real problem here.

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To be honest, as Paul says, it's hard to see how they can be scrutinising exit fees and choosing to ignore to REAL rip off..... ERC's. It's like bandaging someone's finger when their legs hanging off! A pitiful gesture.

2006 RatNest - Personal a/c:

JulyLBA, Aug Filed Claim, Oct Settled in full £7,000

 

2006 RatNest - Ltd Co a/c

JulyLBA, Aug Filed Claim, Oct Settled in full £8,000

 

2006 RatNest - Hub's a/c

JulyLBA, Aug Filed Claim,Sept Settled in full £1,000

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All

 

Sorry to disappoint, but the FSA wrote to a number of lenders, asking them to justify their ERC's, towards the end of 1995, beginning of 1996 and nothing has come of it, I wouldn't hold you breathe

 

regards

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Interesting HL ............. we'll all wait in hope!!!! ....holding onto the fact that turn of 05/06 nobody would have given bank charge refunds

a cat in hells chance! Let's hope the cat turns out to be on it's nine lives again!! lol!

 

Best wishes

2006 RatNest - Personal a/c:

JulyLBA, Aug Filed Claim, Oct Settled in full £7,000

 

2006 RatNest - Ltd Co a/c

JulyLBA, Aug Filed Claim, Oct Settled in full £8,000

 

2006 RatNest - Hub's a/c

JulyLBA, Aug Filed Claim,Sept Settled in full £1,000

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