Is Rob’s mortgage lender pulling a fast one by charging him an “Agreement to Letting Fee” or has he been lucky so far and actually got a relatively fair deal? Rob’s email as follows:-
“I own with a flat with a £225k residential mortgage on it from Mortgage Express. Six years ago I purchased a new home and got permission to let from Mortgage Express to let the property.
Every year for the last 6 years Mortgage Express have sent me a bit of paper to sign to renew the permission to let, no charge, no problem, easy.
However, today I have received my yearly permission to let form, but it is now more like a contract and they want an “Agreement to letting fee” of £1,250 per year!
Surely this cant be allowed?
Has anyone else had this problem with Mortgage Express??
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