I see that Doyin22 used MCOL - is that the online filing method? Is there any particular advantage/disadvantage to filing an online claim (£2394)? Matt

oh sorry - the similar threads are underneath. Thanks!

Can you point me in the direction of some recent successes please?

£2,394

Does this now mean I should continue with my ERC claim against the Halifax? I have had the standard fob off letters and have given them 2 or 3 months. Or are we still awaiting Morgy's appeal?

done

I assume this is just their name for 'Early Redemption Fee'. What it implies is that there is a cost involved to them for you ending your mortgage early and this helps towards clawing it back, i.e. a standard ERC. If you look at other threads you will see this is not easy to reclaim at the moment.

You should be able to claim some of the £225 discharge fee after the FSA investigated the banks' inordinate increase in this area. If this amount differs from the fee quoted in your original paperwork when you took the mortgage out, you can reclaim the difference. Matt

After sending two reminder letters, I received a fob-off letter from Halifax, albeit a polite one, in which the now standard defence of "it's not a breach of contract" was traipsed out. Funnily enough they claimed not to have my first letter, even though I sent it next-day registered and got proof of signature from Royal Mail! Is it worth sending a further letter to argue this point based on points in draft directions or just wait for the winds of change? No proceedings have been instigated at this point. matt

If you read your terms & conditions, most banks seem to restrict the maximum amount you can pay off, so if you have an Early Redemption Charge you will still pay a pro-rata amount if you pay off more than they allow. My current mortgage allows no more than £500 a month over the normal payment to be paid off without incurring some amount of ERC.

If you read your terms & conditions, most banks seem to restrict the maximum amount you can pay off, so if you have an Early Redemption Charge you will still pay a pro-rata amount if you pay off more than they allow. My current mortgage allows no more than £500 a month over the normal payment to be paid off without incurring some amount of ERC.

The banks are still being crafty though! The Halifax refunded me £100 from the £175 they charged, but wouldn't repay the £50 for 'deeds transfer' which was charged separately. According to the article this is supposed to be included in the overall charge.

Does anyone have a copy of Halifax's terms and conditions covering the period 2002-2006 that can be uploaded to the site?

Zoot Are you only including sub-prime lenders on this list or high street lenders as well? matt