UK Mortgages Costs and Fees

Mortgage Guide
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What this section does and How it helps you: This chapter goes into the various costs that will be charged by your mortgage lender.

Please click on any of the links below to see further details.

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The problem

The truth about mortgage fees

General costs of getting a mortgage

Hidden / True costs of home buying and mortgages

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Charges at the start of a mortgage

Charges during a mortgage

Arrears Fees / Costs of falling behind payments

Fees for changing your mortgage

Final Payments / Mortgage Exit Fees

Why The Mortgage Lenders are So Greedy

What's the Problem?

It's not always easy to understand the fine print of a mortgage deal - after all, it is not every day that you negotiate a five or six-figure secured loan.

Unfortunately, the mortgage lenders do this every day, and they have a very advanced understanding of all the different ways they can squeeze a little more money from each borrower.

One of the most common problems is hidden mortgage fees.

Many of the fees you may potentially be charged will never be mentioned to you, and even if they are, you will be hard-pressed to remember them or understand when they might apply.

We've scoured the terms and conditions of all the major lenders to come up with this guide to mortgage charges and fees, and the names they go by.

If you are thinking of remortgaging or getting a new mortgage, then you need to read on. We guarantee there will be something you didn't know about.

Getting Started

Most people expect some fees at the beginning of a mortgage, and they aren't usually disappointed. But mortgage fees and their descriptions vary widely between lenders, and there are sometimes a few charges you don't expect.

Bear in mind that not all lenders charge all of these fees, but many do. Here is our list of the fees you might have to pay before you even move in:

Open Costs

To read more on this subject please see the list below or your mortgage guide or your home buying guide

Read enough? Just want a quote? To get your best mortgage quote quickly and easily we can put you in contact with a recommended mortgage adviser. It's free, completely confidential and there's no obligation at all. Simply fill out the form below


Value of Property	£
		(eg 125000)

Borrow How Much?	£
		(eg 92500)

Your Mortgage Type

First time buyer?		Yes No
Have you found property?		Yes No
Country

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