Booking Fee On Mortgage

Your initial mortgage consultation is always free of charge.

Booking fee on mortgage. The mortgage provider will value your property and make sure it s worth the amount you wish to borrow. It won t be refunded if you end up not taking the mortgage out. A booking fee is usually around 99 but can be slightly higher while some lenders don t charge it at all.

Some lenders charge a mortgage booking fee to secure a fixed rate tracker or discount deal it s sometimes also called an application fee or a reservation fee. It can also be known as an application or reservation fee. A typical fee is 293 and will never be more than 1 of the mortgage amount.

Depending on the complexity of your mortgage there may be a fee for our mortgage advice and arrangement service which will be discussed and agreed before you make a mortgage application. Some lenders might waive this fee on certain mortgage deals. An arrangement fee is what you pay for the lender to set up your mortgage.