Arrangement Fees - Basic Valuation - Stamp Duty - International Mortgages - First Time Buyers

What are Arrangement Fees?

Arrangement fees are quite simply that; it's the setting up costs.

These costs vary according to the lender and which of their products you choose. Normally, in the UK, the fee will be around £100 - £400. These costs can be added to your to your loan. You will find that some lenders will ask for cost upfront while others may be OK to waive it.

It's always a good idea to weigh up the cost of your fee with the amount you are likely to save during your introductory period. The fees are most commonly charged at a competitive rate.

Don't forget: The Bank of England base rate is the interest rate set by the Monetary Policy Committee. It is set each month. It represents the minimum amount that should be charged on any loans. Inflation is taken into account in this rate as is the spending and the general state of the economy.

Arrangement Fees - Basic Valuation - Stamp Duty - International Mortgages - First Time Buyers