Rat and Mouse
Fri
26
Jan
Mortgage exit fees crackdown could be retrospective

The Financial Services Authority have given lenders until the end of February to sort out mortgage exit fees, which have apparently risen by 33% in the past two years, to an average of £200. Lenders are being given a choice: justify them, or scrap them. According to Which?, customers can challenge fees that date back up to six years. More here.

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