johnnybegood
Registered User
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Sarah W said:Penalties can be charged on investment mortgages under the terms and conditions.
Sarah W said:Under the Consumer Credit Act lenders can not charge a redemption penalty on a variable (or tracker) homeloan. Penalties can be charged on investment mortgages under the terms and conditions.
Sarah
www.rea.ie
Hel_n said:Yes its probably is because Rea have to repay the commission. All brokers have to repay the commission they receive if the borrower repays the mortgage within a certain period.
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