23 Aug Beware Mortgage Arrangement Fees
With Banks now actually competing for business, they are attempting to top comparison tables with low rates but disproportionately high arrangement fees. Research from ‘Moneyfacts’ now shows that the average arrangement fee is now £1030.
This could work for you, but might not. Ultimately it depends on your loan size. Its a mathematical equation, if you need guidance your mortgage broker will always be able to help.
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