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Help my memory - Fees

Hi,

I seem to recall a TV program this year about Mortgages and Application Fees. It something to do with the pros / cons of adding the fees to the mortgage. Something about what happens if an application fails or changes (I just can't remember).

Can anyone help ?

John

Comments

  • amnblog
    amnblog Posts: 12,782 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    What happens if the application fails depends on terms of the fees which can vary between lenders. Generally a product or application fee is not charged if you don't draw down funds but a booking fee can be. Not all lenders allow you to add the fees.
    I am a Mortgage Broker

    You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • Need more details to be able to discuss.

    Some lenders will have fees, some won't. Some will approve you before taking fees, some won't. Some will charge you for changing product, some wont
    PoorMoon

    Cleared £15,000 debt whilst being a student full time, bought a house, all whilst working full time.... it can be done!
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