Please or to access all these features

Add post

Watch this thread

Save thread

Start a new thread

Flip thread

Hide thread

My feed

Active Unanswered threads

Getting started FAQ's

Unanswered threads Acronyms Talk guidelines

Hide shortcut buttons

Talk

Money matters

Find financial and money-saving discussions including debt and pension chat on our Money forum. If you're looking for ways to make your money to go further, sign up to our Moneysaver emails here.

Flip

Original poster

Elderbridge re hca

12 replies

TerryChoc · 03/09/2020 13:08

Sorry if this is dumb but I’ve tried to google this but I literally have not a clue why the above is taking money from me? Any help please?

OP posts:

RedHelenB · 03/09/2020 15:12

Have you set up any direct debits for anything recently?

QforCucumber · 03/09/2020 17:33

Its the help 2 buy agent. Do you have a help 2 buy mortgage or similar?

Original poster

TerryChoc · 03/09/2020 23:21

We did do a help to buy as in the ISA and government loan with new build but don’t remember any direct debit set up just yet. They’re only taking a small amount so not sure what even is the point?

OP posts:

porridgeface · 03/09/2020 23:40

It's help to buy. They start taking interest payments after 5 years

QforCucumber · 04/09/2020 12:44

Is it £1 or £2 a month? If so that's the management fee. The direct debit details are given when you apply for the help2buy loan.

Original poster

TerryChoc · 07/09/2020 13:55

Sorry @QforCucumber just seen that response, that is handy to know thank you for your help!

OP posts:

Arczito · 01/12/2021 12:13

Hi From this mount I found in my statement Bank company ELDERBRIDGE RE HCA charging me and now every mount. I don't understand why and for what ?

ChessieFL · 01/12/2021 12:15

See above - did you have help to buy on your mortgage? Elderbridge administer that.

Arczito · 01/12/2021 12:22

Yes but that's was more that 6 year ago . And I don't understand why someone charging me . No one explain me why , !!! I need to blocked that payment till some will property explain me sytuacion .

ChessieFL · 01/12/2021 12:29

The help to buy loan is interest free for 5 years then you start paying interest on it, so the timescales you’ve quoted make sense.

Arczito · 01/12/2021 12:31

Noone told me anytime , no letter no email . Noone say how mutch and for how long !!!!

That's my email

[email protected]

To connect me

ChessieFL · 01/12/2021 12:54

It will be in your original agreement that the interest charges start after 5 years, but I think when ours started they did write to me. You need to contact them and ask for the details - try [email protected] (yes it’s the same company). You might want to report your post above as you’ve just posted your email address on the internet.

Flip