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Exit Fee Explained


When you fully repay your mortgage, and think that finally all the many costs associated with the mortgage have been repaid, you may get a surprise - an exit fee. This is what some providers charge when you finish paying off your mortgage and exit the mortgage relationship. Not all providers charge it and rate vary, so it's another one of the costs to consider when evaluating which mortgage is best for you.

Back to Mortgage Jargon

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:

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- Buying property in Cyprus
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- Flexible Mortgage Features
- Overseas property mortgages
- Finding A Property
- House Price Index
- Reasons to Remortgage
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