Summary
AFTER one of Financial Mail's most prolonged campaigns, renegade mortgage bank Alliance Leicester has finally backed down over a fee applied to borrowers who pay off their mortgages early.
In August 2004, AL horrified customers and rivals alike by abruptly increasing its mortgage 'redemption administration' fee from Pounds 195 to Pounds 295.See the full content of this document
Extract
U-Turn Over Al Fee for Mortgages
Financial Mail estimated that the move netted AL an extra...
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