Mortgage fees up 40%

Feb. 15, 2005
Mortgage lenders have increased their fees by more than 40% in the last six months as they seek to recoup profits lost on cut-price home loans. Borrowers getting cheap deals are being asked to pay inflated fees and charges. Mortgage brokers Charcol said the average charge for arranging a low interest mortgage has increased by more than £140 in six …

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