A warning for everyone to be careful with paying the up front fees on the enticing Fixed rates deals, I did the 5 year fix with Natwest 4 months ago, I have a big mortgage so it made sense to get the lower rate over 5 years, but the vendor pulled out of the sale because they lost their job, and Natwest are still charging me the £2495 arrangement fee even though there's no property to put it on! So I've lost my survey fees, legal costs and this on top.
Natwest's stance follows the premise that funds are booked, rate reserved and they've secured the money. Therefore it's my problem.
Meanwhile I hand over a lot of money, dust myself off and start again, they have offered to roll the offer onto another house in the next 3 months but there's better deals out there now with fees £1500 lower!
Has anyone had any success getting these fees refunded as they won't budge on it for me?
Natwest's stance follows the premise that funds are booked, rate reserved and they've secured the money. Therefore it's my problem.
Meanwhile I hand over a lot of money, dust myself off and start again, they have offered to roll the offer onto another house in the next 3 months but there's better deals out there now with fees £1500 lower!
Has anyone had any success getting these fees refunded as they won't budge on it for me?