Steep Rise in Arrangement Fees
Survey shows steep rise in average mortgage arrangement fees
15th February 2005
Mortgage broker Charcol has released the results of a survey that claims the cost of arranging a mortgage has risen by 40% in the second half of 2004.
Its survey of 32 lenders found that the average arrangement fee on a mortgage rose from £339 to £480 over the period, leaving the total rise over the full year at 53%.
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