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FTB with a mortgage operating query!

kittykitten · 2011-05-19 12:56:13

I'm a FTB and have had an offer accepted on a house - yay! Met with financial adviser on monday and got agreement in principle (think that's what it's called?) from santander, now waiting for them to do surveys etc. Question is, I was advised by FA to add santander's £995 fee to the mortgage, rather than pay now, for what…

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kittykitten Posts: 418 Forumite

19 May 2011 at 4:21PM

GMS wrote: »

Abbey usually allow the arrangement fee to be paid without penalties within 14 days of completion.

Add it to the mortgage, then once completed pay it off.

Thanks - this explains why my FA was advising to do it this way round!

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FTB with a mortgage operating query!

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