need2budget
Registered User
- Messages
- 13
i have a quick question.
in 2005 i sold my house and bought a new house.
in july 05 i drew down my new mortgage with inbs.
a few days later in july 05 i paid off my old mortgage with inbs
inbs told me then i had to pay a penalty of 6mths interest as i broke a fixed term period when repaying the old mortgage..
as i took out my new mortgage with inbs they said that they would refund me 3 mths of this charge which they did back in 05..
my question is are they allowed to do this? i read in the news that inbs were refunding 6m in overcharging.....
is this unfair charging?
in 2005 i sold my house and bought a new house.
in july 05 i drew down my new mortgage with inbs.
a few days later in july 05 i paid off my old mortgage with inbs
inbs told me then i had to pay a penalty of 6mths interest as i broke a fixed term period when repaying the old mortgage..
as i took out my new mortgage with inbs they said that they would refund me 3 mths of this charge which they did back in 05..
my question is are they allowed to do this? i read in the news that inbs were refunding 6m in overcharging.....
is this unfair charging?