Some of the major lenders out there have decided to scrap the charges they place on borrowers when the repay their home loan early or change to another lender.
Complaints to regulators have increased over the past few years as some lenders have increased their mortgage exit fees by as much as 100%. This increase in [...]
Mortgage exit fees scraped
Thursday, December 6th, 2007Bank Fees Increase
Thursday, October 4th, 2007Financial experts are warning homebuyers to watch the best-buy mortgage tables, used by some banks. Many of these fail to account for thousands of pounds worth of fees which boost the cost of a loan beyond its initial ‘good deal’.
Website moneyfacts.co.uk reports that some banks and building societies recently increased their arrangement fees six-fold in [...]