Completion Fee Explained
This is one of the many fees that are associated with a mortgage. This fee covers the cost of electronically transferring the mortgage funds to the borrower, and hence it is called the completion fee because it happens at completion. Again some mortgages will be advertised as having this waived.
Property Articles
We hope you find this mortgage glossary / explanation of mortgage terms useful. You might also be interested in our articles on a range of property related issues, a selection of which are listed below:- Sourcing a Good Letting Agent
- Guide for First Time Buyers
- Questions to ask when buying abroad
- Buying in a Village Might be a Good Investment
- Finding Commercial Property
- Property Purchasing in Spain
- Fixed Rate Mortgages
- Remortgaging
- Making an offer on overseas property
- Why Buy in Cyprus
- Considering Location When Buying
- Tips and hints on buying abroad
- Questions to ask when viewing a house
- Advantages of buying commercial property
- First Time Buyers
