Mortgage Costs

Understand the various fees and charges associated with getting and maintaining a mortgage. Articles cover arrangement fees, valuation costs, solicitor fees, exit charges and handling payment errors.

Cost to Exit the Mortgage

Cost to Exit the Mortgage

Mortgage exit fees can cost £1,000 or more, and some lenders have sneakily raised them since your original contract.

Higher Lending Charges

Higher Lending Charges

When you borrow more than 75% of a property's value, your lender may charge you a higher lending fee to cover their risk.

Mortgage Arrangement Fees

Mortgage Arrangement Fees

Understand what mortgage arrangement fees are and whether you should pay them upfront or add them to your loan.

Paying the Solicitor and Mortgage Broker

Paying the Solicitor and Mortgage Broker

Solicitors do the heavy lifting in mortgage deals, so understand what they're charging for and how to potentially cut costs with online conveyancing firms.

Valuation Fee and Survey Costs

Valuation Fee and Survey Costs

What valuations and surveys cost when buying a home and why lenders require them before approving your mortgage.

What to Do if Mortgage Lender Miscalculates Payments

What to Do if Mortgage Lender Miscalculates Payments

If your mortgage lender miscalculates your payments, contact them first with a written complaint before escalating to the Financial Ombudsman Service.

What to Do If Your Mortgage Rate Is No Longer Available

What to Do If Your Mortgage Rate Is No Longer Available

When your mortgage deal ends, you'll likely face higher rates, here's what your options are and how to prepare.