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Intelligent Finance Mortgage Fee

Don't know if anyone else has noticed this, but IF are currently offering a tracker until July 2012 and 2.29% above the base rate - now that strikes me as being not all that competitive to start with, but on top of that the arrangement fee is £12000 :shocked: :shocked: :shocked: (yes that is the right number of zeroes).

As others have said, I am not sure that IF are trying very hard to keep or get customers at the moment - my current deal runs until October, lets hope that there is better available by then.

Has anyone spotted a bigger arrangement fee?

Comments

  • KiKi
    KiKi Posts: 5,381 Forumite
    Part of the Furniture 1,000 Posts
    It is a huge sum - but then it's for mortgages of between £2,000,001 and £5,000,000. I guess if you're buying a home of that value, £12,000 is a drop in the financial ocean...

    KiKi
    ' <-- See that? It's called an apostrophe. It does not mean "hey, look out, here comes an S".
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