Fee Free Explained
One of the easiest of the mortgage terms to understand, this is the happy state of affairs where there are no additional fees to pay with regard to the mortgage.
This can save a considerable amount of money, as when valuation fees, exit fees, completion fees, booking fees and so on are taken into account you could be looking at a healthy saving.
It is worth checking with a provider of a fee free mortgage just which fees are being waived, because other mortgage associated fees may still be in place, such as relevant legal fees.
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:- Self Certified Mortgage
- Researching Spanish Property
- Business Transfer Agent
- Getting a better deal without remortgaging
- Buying At Auction
- Life Insurance
- Capped Rate Mortgages
- Property Gazuming Explained
- Making an offer on overseas property
- Guarantor Mortgages
- Bridging Loans and Mortgages
- Buying a house with friends
- House Price Index
- Viewing a Property
- Remortgaging and equity release
