CAM bank mortgage now Sabadell help please.

edwardbarnett

Good evening,
I bought an apartment on AL Andalus Hill Vera back in 2006.
I took on the developers (Keymare) mortgage with Cam Bank.
In 2011 Cam Bank was taken over by Sabadell Bank.
I want to part redeem my mortgage ,but it appears that Sabadell want to charge 1% commission .
In my original Cam Bank agreement there was a 0% part redemption fee.
Does anyone else have an ex CAM Bank mortgage that was transferred to another bank and had different terms applied to the mortgage ,or could confirm that Sabadell are acting unlawfully
in charging this fee.
Any advice would be greatfully received
Ray

DoriceFelt26

Unfortunately, banks often act in bad faith and change minor clauses in the contract when buying a loan. In this case, you must persistently insist on your own, providing evidence that the commission was initially 0%. Otherwise, you have the right to file a lawsuit against them.  A small percentage of people understand loans and mortgages, so I always advise you to contact Mortgage Broker Manchester. It is better to spend money on consultation than on a lawyer for the court to deal with an evil bank.  Let us know if you have managed to solve this situation.

AnselMgertner54

Thank you all for the useful information!