From: "gaz" 
Newsgroups: uk.finance
Subject: Re: Mortgage repayment fee - increased?
Date: 23 Jan 2007 02:59:50 -0800
   posting-account=4sgbuQsAAABtNiEsJwuQmT7JEQZrbQUY

Hi,

Thanks again for the help. Spoke to the Halifax complaints number and
asked how they can justify the hike in charge. I've been reading that
if they can't justify it, I can complain to the financial ombudsman.

I've got a feeling Halifax would rather reduce the payment to =A3100,
rather than get charged =A3300 for a report to be filed with the
financial ombudsman.

It's worked for other people...

Mark wrote:

> On 18 Jan 2007 01:12:33 -0800, "gaz"  wrote:
>
> >Hi,
> >
> >Please help... I took out a 2 year fixed mortgage with Halifax, and
> >it's coming to the end of it's term next month. I asked for a
> >statement, and they've included a repayment administration charge of
> >=A3175. Never had to pay one of these fees with my previous mortgage
> >deals, so I questioned it. Halifax told me I agreed to it on the terms
> >and conditions, and that I should check the t&c again.
> >
> >When I did check them, it had a repayment fee of =A3100, not =A3175 what
> >they're currently charging. As we we're tied into a fixed mortgage for
> >two years, should Halifax have the right at changing the fees
> >associated with the mortgage within the 2 year period?
>
> Check the small print again.  It may say they have the right to change
> the fee any time they like or even they have the right to change
> anything any time they like.
>
> However I would remind them that it says =A3100 and complain if they
> don't reduce it.  IANAL.
>=20
> Mark