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Jo C.
Jo C., Barrister
Category: Law
Satisfied Customers: 32086
Experience:  Over 5 years in practice
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My lender terminated my mortgage loan and sought possession

Customer Question

Hi - my lender terminated my mortgage loan and sought possession on expiry of the mortgage term. I repaid the principle debt and interest but there was an 'exit fee' which the lender is now claiming. Is this payable - when the lender terminated the loan, not me?
Submitted: 2 years ago.
Category: Law
Expert:  Ash replied 2 years ago.
Hello my name is ***** ***** I will hell you.
Do the terms allow for an exit fee please?