Remember to budget for fees
Mortgages UK-Wide charge a fee for arranging your mortgage or re-mortgage
A fee of 1% of the loan is payable on receipt of mortgage offer, subject to a minimum of £600
An example of this is a mortgage of £100,000 would require a fee of £1000
In addition we will receive commission from the lender.
You will receive a key facts illustration which will tell you about any fees relating to the mortgage arranged through us
Please do not forget to budget for the other costs that you may incur when buying your home:
- Stamp duty is charged at rates which vary depending on the price of the property you purchase
- If your mortgage exceeds a certain percentage of the valuation of the property, the lender may charge a Higher Lending Charge to cover the greater risk
- Your solicitor will also charge a fee for searches and conveyancing
Then why not contact us now, or ask us to contact you?
Regardless of your circumstances, we may be able to help you.
