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Changing Mortgages, Arrangement Fee?
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The new lender sorts things out, especially if they provide free legals and survey costs. When I remortgaged with a new lender I paid a £400 plus mortgage fee to the new lender. They arranged a solicitor who asked my current lender for a redemption quote. This quote had lots of other charges such as redeption fees of the old lenders and interim interest charges. The new lender also sent a surveyor. It took about a month.
I got an overdraft facility incase I had to pay two mortgage repayments to old and new lender, which I did. Got a refund within a day.
J_B.0 -
Britannia are doing 2 year fixed at 4.94 and 5.04 for 3 year fixed remortage package. Arrangement fee is £99, First standard valuation: free
Conveyancing service*: free(including compulsory disbursements)through an approved Britannia panel conveyancer.0
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