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mortgage booking fee and LTV%

If I have 20% deposit for a house costing 200k, so I have 40k deposit. Then if I add the mortgage booking fee of £1000 to the mortgage, will I no longer have 20% deposit?

I ask because this could affect the interest rate I can get?

Comments

  • ACG
    ACG Posts: 24,688 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Most lenders will allow you to add it and still keep the same product.

    There is the odd lender who will not so just check with them.
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a mortgage adviser, 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.
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