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Antidepressant guidelines a chance wasted

I was horrified to read that around 40 doctors have been in the same rut as I have regarding redemption penalties (News, November 29) ­ the only difference is that I have had to pay the penalties to the tune of £46,000.

The situation was that I wanted to buy the next-door property to expand the premises. The Royal Bank of Scotland was giving me a preferential rate for that property and suggested I put the mortgage all under one roof.

With a fixed GPFC mortgage rate of 9.6 per cent, the bank offered 7.3 per cent and suggested I would make the redemption penalties back in a few years. Instead it has had a devastating effect.

The property is sitting vacant as there is no development money with which to expand. I am paying the mortgage, the GPFC has taken £46,000 from me. I cannot do anything.

The penalty has crippled me and I believe we need to take legal action against the GPFC.

Harmander Wasu

Practice Manager

Harrow, Middlesex

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